The research project conducted by the Securities Investors Association (Singapore) (SIAS) focuses on the views of retail (private) investors on the value of audit. The study was conducted in collaboration with the Association of Chartered Certified Accountants (ACCA). The survey was conducted on a confidential basis and the responses were received from a group of retail investors. The report provides insights into the importance of audit in the retail industry and the views of retail investors on the value of audit. The report also highlights the need for continuous improvement in the audit process to meet the evolving needs of retail investors.