The report provides insights from audit committee chairmen on the value of audit. The survey was conducted by ACRA and ACCA, and the respondents were invited to share their views on the importance of audit and the challenges they face in performing their role. The report highlights the importance of audit in ensuring financial transparency and accountability, and the challenges faced by audit committees in maintaining independence and effectiveness. The report also acknowledges the support provided by ACRA and the respondents for making the survey possible.