Central government is searching for a senior figure to undertake a review of the audit market and model.
The UK government is to undertake a review of the audit industry, asking whether the current model for audit is fit for purpose.
However, The Times reports this morning that the government is struggling to find a figure to lead the project because it is viewed as "toxic" by senior business leaders.
It is reported that the review will examine whether the big firms should separate audit from other services, whether some audit be joint pieces conducted by more than one firm, and possibly whether the National Audit Office—a parliamentary body that audits and inspects central government departments—should undertake the audit of some larg
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