What is the role of the Independent Audit? Is the audit responsible for investigating and reporting possible fraud? Should it foresee the companies’ ability to continue as going concern or be accountable to the audited company’s management, since the fees are paid by it? To resolve these and other doubts about the profession, Ibracon – Institute of Independent Audit of Brazil has just launched the series Mind The Gap, a series of articles with the aim of providing clarifications on the Independent Audit activity, presenting its responsibilities and their limits of action, thus reducing the existing expectation gap.

Click here to read the first article.