Announcing the reports findings, Competition and Markets Authority chairman Andrew Tyrie said, Peoples livelihoods, savings and pensions all depend on the auditors job is done to a high standard. But too many fall short more than a quarter of big company audits are considered sub-standard by the regulator. This cannot be allowed to continue.

The case study also points to the performance of the Auditor during the Audit. Propose how the Auditors performance can be improved in the South African Context?