Our contributions to public consultations

Financial audit

Financial audit is the cornerstone to the whole audit ecosystem. Around the world, the biggest entities are mandated to account for their financial performance and fill the information gap with their stakeholders through audit reports. To address new expectations and requirements, as well as to adapt to the development of new audit technology and practices, the financial audit regulatory landscape keeps moving at national and international levels. Key Mazars contributions to public consultations on financial audit include:

Should you be interested in the comment letters Mazars publishes on the IFRS, please click here.

ESG audit

As a new field of audit, sustainability reporting regulations are being established in the EU and beyond. Mazars actively contributes to the conversations on the future of audit and the need to adapt audit regulations, standards and frameworks to new ESG expectations. Key Mazars contributions to public consultations on ESG audit include:

You can find additional contributions below:

• Mazars response to the public consultation on the first set of Draft ESRS (2022)
• Mazars response to the Exposure Draft of the proposed ISSA 5000 (2023)

Algorithm audit

Around the world, regulatory initiatives to assess the impact of algorithmic decision-making systems and mitigate related risks are being developed quickly. As an initial attempt, the EU took the lead and requires the biggest digital players to account for the societal risks they pose to citizens, and these obligations will have to be audited. Other jurisdictions are considering similar frameworks and wish to extend them to the tricky question of the safe and ethical use of artificial intelligence (AI). Key Mazars contributions to public consultations on algorithm audit include: