As auditors (or in any field) we should remain informed about current trends and issues relating to our practice. Share an existing event or trend that connects to the concepts we've covered in this lesson. For example, it may refer to management's assertions, material misstatement, reasonable assurance, or other topics relevant to the content. Provide a summary, as well as an analysis of the situation and an explanation of how it relates to our studies. In your response, please include a link to an article or video about the event or trend to learn more.
Although there are many events I would like to draw your attention to the IL&FS Crisis held in India.