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Jun. 4--Auditors have traditionally been relied on to verify historical financial data. However, a growing need for independent verification of future-oriented information is giving the audit profession an opportunity to gain an expanded role in corporate information sharing.
There are three drivers behind this. First, stakeholders and regulators are pushing for increased business transparency and corporate accountability. At the same time, the changing demands of financial analysts and investors are driving a shift of focus to value-building and non-financial assets. Finally, as companies seek to manage the relationship between risk and shareholder value, so ...