Problem: Goal: write a short report (3-5 pages) on a (recent) development that affects the audit market, the audit profession and audit quality. In this report, you are asked to 1) Briefly describe the development and its link to audit quality. 2) Analyze how a proposed measure may or may not help in safeguarding audit quality, and how this measure can impact the audit market and the profession. Make use of academic research. 3) Provide a short opinion on whether you think that this measure will be effective in addressing audit quality concerns. § Make use of at least 3 academic articles in this report. You can also use other sources (e.g., reports from regulators, popular press articles) § We provide a list of potential topics that your group can choose from. § The reports will be discussed during the final tutorial. Group essay