Audits provide independent assurance on the accuracy of financial statements, including statutory audits for large corporates or internal audits. Audit services are essential for transparency, accountability, and regulatory compliance. Reporting includes developments in the audit landscape, from regulatory reform and public interest scrutiny to firm performance and innovation in audit methodology. Coverage also includes updates from the Financial Reporting Council (FRC), discussions around audit quality and independence, and key developments affecting both the Big Four and challenger firms in the audit space.