The phrase "auditing industry" is correct and usable in written English.
It can be used when referring to the sector or field that encompasses auditing services and practices.
Example: "The auditing industry has seen significant changes in regulations over the past few years."
Alternatives: "audit sector" or "audit field".
The auditing industry continues to fail.
Perversely, though, Andersen's failure may have had the opposite effect.In this section Congratulations, China A Franco-German beauty contest Those odious debts Home sweet home Unresolved conflicts Reprints Related items Auditing: Still counting the costOct 16th 2003For one thing, it pushed the auditing industry into a further, and dangerous, consolidation.
An auditing industry based on a Big Three would be "intolerably restrictive", according to Mark Cheffers, of Audit Analytics, a research firm.Could the concentration of the industry be tackled directly, by breaking up the Big Four or by encouraging smaller firms to merge?
His widely cited research has focused on such topics as executive compensation and performance evaluation, resource allocations within firms, and the industrial organization of the auditing industry.
First, reform the auditing industry.
By the 1980s, eight firms dominated the American auditing industry.
But so far the industry has turned a deaf ear to the commission's modest but sensible suggestion that it establish an independent safety institute to audit industry operations, much as the nuclear industry did after the disaster at Three Mile Island.
Watching Blue Jasmine is like auditing an industry workshop or master class in which writers are taught how many (and what types of) changes they must make to an acknowledged literary masterpiece before they can legally call their work original.
The auditors, KPMG, were useless, as was the audit industry's passive regulator.
The ensuing prosecutorial zeal, however, created another problem whose effects are becoming apparent today — moral hazard in the audit industry.
That's something, he says, that the Equitable Life case should clarify.There could be implications for the audit industry, too.
