On May 20, 2011, a colloquium was held in Paris on the question of How should the Audit be regulated?, organized by The Journal of Regulation, l’Ecole de droit de la Sorbonne, and KPMG France, one of the Journal’s privileged partners. The participants were Jean-Luc Decornoy, Nathalie de Basaldua, Alain Couret, Marie-Anne Frison-Roche, Christine Thin, Stephen Haddrill, Claude Cazes, Etienne Wasmer, and Mara Cameran. The reflections and discussions bore upon the European Commission’s Green Paper on Audit Policy. The colloquium’s ambition was to discuss the methodological links that must guide the future of the Audit, both in relation to financial regulation and competition, and also to analyze what the inspirations for audit reform should be, especially by using the available economic studies. Each participant agreed that the most important goal was to ensure that the audit is of very high quality, and everything ought to converge towards this goal.

Accouting stadard - Alternative financieal - Audit - Audit Market - Bank - Bankruptcy - Big Four - Certification - Colloquium - Concentration - Confidence - Concflict of interests - Cooperation - Cost - Credit rating agency - Crucial operator - Definition - Deontology - Deregulated market - Efficiency - Europe - Europen audit market - European Commission - Expectetive gap - Financial crisis - Financial market - Future - Global market - Goal - Green Paper on audit - Incentive - Independence - Information - Information asymmetry - Internation audit forum - Italy - Join audit - Liability - Manager - Mandatory votation - Market - Market expectation - Micro economy - Moral hazard - Opacity - Opinion - Perimeter - Price - Profit - Public good - Public interest - Public service - Quality - Real economy - Risk reporting - Skepticism - Social responsability - systemic risk - teleological reasoning - Trust - United king - United States *

* In The Journal of Regulation, these keywords are done by the Editor and not by the Author.