03.26.2024 - By Blake Oliver & David Leary
Professor Ed Ketz of Penn State joins the show to discuss audits' current state and future. We delve into the relevance of audits and explore the value of unqualified opinions in making audits meaningful. The discussion also touches on the overstandardization of audit reports and how this can lead to investor misunderstandings. Professor Ketz brings a unique perspective, sparking a debate on whether the existence of the unqualified opinion creates value rather than the content within. The episode ends with a brainstorm on potential regulation improvements to improve audit quality and usefulness. Meet Our Guest, Ed Ketz Website: https://directory.smeal.psu.edu/k55 LinkedIn: https://www.linkedin.com/in/ed-ketz-7982421a7
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