Recently, there has been pressure to expand the role of auditors, because investors and other groups are demanding more forward-looking information. If these demands are met, auditors may be expected to review the plans and forecasts of a company that will be reporting to the public, and to determine the fairness of such forward-looking financial statements. 

Discuss the implications of this expanded role for auditors, using such concepts as independence, information value, comparability, agency theory, capital market theory, relevance, reliability, objectivity and any other concepts that you feel are important.