The audit profession has faced many questions recently and the National Audit Office report highlights an important aspect that is not often discussed, how do organisations respond to what their auditors are saying? When an organisation gets into difficulties or fails the question asked is where was the auditor. As an audit professional it is right we answer this question. Sometimes though the answer is the auditor was there but no one was listening.

The coming months will see continued focus on the audit profession. Whatever changes are agreed, it is important organisations ask whether they understand what their auditor is saying.