Internal audit body calls for government to push ahead with audit reform bill and resurrect resilience reporting.

He says the ICAEW’s call to exclude ‘ESG audits’ from the cap will not serve the cause of ‘independent and effective audits’.

When large firms go bust, ‘the British public pays the price’ in bailouts, job losses and disruption, warns professor.

The Institute of Directors foresees a move forward by the government, but whether this will follow previous proposals is unclear.

There has been an increase—albeit small—in challenger audit firms’ share of the takings, according to FRC figures.

Building giant ISG goes into administration, highlighting the lack of progress on audit reform since Carillion’s collapse in 2018.

There is ‘broad spread stakeholder support’ for the core elements of reform, says the head of the Financial Reporting Council.

Company directors’ oversight failures will fall foul of the new audit, reporting and governance regulator, a Lords’ debate revealed.

The need for well-resourced independent assurance, backed by a strong audit reform and corporate governance bill, is stronger than ever.

Today’s King’s Speech included a declaration that the UK would get a draft audit reform and corporate governance bill.