a 'In many ways audit is a 19th century product adjusting to a 21st century global economy. Rachel Reeves MP, Chair of the Business, Energy and Industrial Strategy Select Committee, keynote speech on the BEIS Committee 'Future of Audit' report at ICAEW 2 April 2019 Critically evaluate the 2 of following, providing relevant examples from theory and/or practice: 1. The principles of agency theory and the role auditors play (10 marks) 2. The concentration of listed company audits with the Big Four and alternative audit models e.g. joint and shared audit, market caps (10 marks) 3. Whether the audit expectation gap can ever be closed (10 marks) 4. How technology is influencing audit (10 marks)