Tag: ACCA
Regulator updates UK governance code
Reporting on internal controls is a key feature of the scaled-down 2024 update, as is the principle of ‘comply or explain’.
Big Four firm in late plea for audit reform
Further delay ‘will not achieve the aim of restoring trust in audit and corporate governance’, says Deloitte managing partner.
Bletchley forum calls on companies to play a part in AI safety
Artificial intelligence must be ‘governable’ and ‘used for good’, says a declaration from 28 countries represented at the AI Safety Summit.
Financial watchdog highlights reporting issues
Ongoing economic uncertainty has seen some companies struggle to provide useful financial data, the FRC finds.
News round-up: this week in governance
BP CEO Bernard Looney steps down over work relationships; ACCA pushes for internal controls data; only 12% of fund managers are women.
Sustainability body issues global disclosure standards
The International Sustainability Standards Board’s guidance is aimed at improving trust in climate-related disclosures.
Watchdog urges asset managers to quiz the audit committee
Auditco chairs will have their work cut out if the role increases to become more ‘outward facing’ and encompass investor relations.
Audit reform in the UK risks ‘losing momentum’
The Financial Reporting Council still awaits the proposed new statutory powers that would allow it to enforce substantive change.
How to ensure stakeholders trust your sustainability reporting
Assurance is growing in importance, sparking the need for robust global standards on sustainability data, and a focus on transferable skills.
FRC unveils new audit committee standards
Watchdog’s guidance to audit committees aims at expanding choice and addressing competition within the audit market.