Regulation
Regulation, 22 April, 2020
‘Going concern’ regulation puts firms and auditors under the microscope
New standard ISA UK 570 requires auditors to challenge management’s assessment of going concern more robustly—and firms to be as transparent as possible amid current uncertainty.
International, 14 April, 2020
Auditing global progress on the UN Sustainable Development Goals
Better assessment is needed to deliver the “decade of action” on the UN SDGs ahead of us. Supreme Audit Institutions aim to meet this global challenge.
Investor engagement, 3 April, 2020
Collaboration is key for the challenging AGM season ahead
With shareholder activism on the rise, boards must ensure they engage fully with investor concerns and demonstrate how they are addressing crucial issues.
Regulation, 26 March, 2020
FRC warns firms to be candid about prospects of corporate failure
Watchdog says investors expect companies “to articulate their expectations of the possible impacts on their specific business” amid Covid-19 crisis.
COMMENT: Corporate governance, 24 March, 2020
Regulators must grant boards flexibility during Covid-19 crisis
The Institute of Directors would like to see urgent temporary measures implemented relating to board decision-making, company reporting and AGMs.
UK regulation, 10 March, 2020
FRC chief indicates support for a UK version of Sarbanes-Oxley
Sir Jon Thompson says a UK regime similar to Sarbanes-Oxley would raise governance standards and improve risk management and accountability.
Non-financial disclosures, 9 March, 2020
EcoDa warns that sustainability standardisation ‘promotes box-ticking’
European directors’ association ecoDa says standardisation of data to aid comparability may not result in more sustainable companies.
Sustainability, 6 March, 2020
Investment Association calls for better climate risk reporting
It’s the latest warning that investors want to see companies explain the impact climate change will have on their business operations and future prospects.
COMMENT: Regulation, 5 March, 2020
Section 172 reporting is an opportunity to increase transparency
New S172 reporting requirements should spur firms to review how board decisions are reached, and push boards to learn more about the views of stakeholders.
Sustainability disclosures, 24 February, 2020
EU set to review its Non-Financial Reporting Directive
The sustainability reporting rules have faced criticism for failing to produce the detailed disclosures required to confront climate change.