Breakfast briefing: Tuesday 7th November 2023, 8.45am–10.30am
Venue: The Loft at The Ivy Club, 9 West Street, London, WC2H 9NE
The process of UK audit reform has been disrupted after the government decided to abandon major changes under discussion for the past five years. But reform is not quite dead. There is much for audit committees and internal controls experts to consider.
Though ministers may have U-turned on new reporting requirements for audit and corporate resilience, companies could still retain some of the changes while also grappling with sustainability reporting provisions included in a newly revamped UK Corporate Governance Code.
This free breakfast briefing from Board Agenda and Diligent will explore the measures worth keeping from the government’s cancelled policies while highlighting new audit committee responsibilities included in the code.
Chaired by editor Gavin Hinks, the panel will discuss:
• Where the UK is now on audit reform.
• How businesses have reacted.
• Whether elements of the scrapped reforms are worth retaining and why.
• New audit committee responsibilities on narrative and sustainability reporting expected in a revised governance code.
• New responsibilities for internal controls.
• The reporting and assurance challenges they represent.
• Whether a new government could resurrect reforms following next year’s general election.
• Carolyn Clarke, Audit Committee Chair, Starling Bank, Founding Partner, Brave Within
• Andrew Kemp, Audit Committee Chair, Berkeley Holdings Group Plc, Chair. Audit Committee Chairs Independent Forum (ACCIF)
• Michael Rasmussen, Expert on governance, risk management, and compliance (GRC)
At this exclusive in-person event, audit committee members, corporate governance, audit and risk experts will review the status of UK audit reforms, the implications for audit committees and heads of internal controls.
Spaces are limited so please do register your interest today.
N.B. Attendance criteria: This event is for board members, company secretaries, compliance, audit and risk professionals. Registrations outside of these criteria may not be processed.