Tag: audit
Queen’s Speech fails to provide clarity on audit reform plans
While the creation of ARGA is confirmed, details about other proposed changes are scant and uncertainty over timing remains.
Audit committees and ESG: 10 key observations
With ESG and climate risk concerns set to increase, the role of the audit committee is being watched closely by investors.
Internal auditors sound alarm over corporate culture
Two-thirds of internal audit chiefs support attempts to strengthen directors’ duties to “promote, monitor and assess” corporate culture.
Audit committees and ESG: ‘It’s a difficult journey to navigate’
The rise of ESG as an investor concern is creating new demands of audit committees. A recent CACID event looked at the challenges.
Audit committee chairs ‘are confusing quality of audit and quality of service’
FRC report also warns that audit committee chairs have a “negative perception of joint audits”, despite this being a key reform proposal.
Jan du Plessis gives first insights into FRC governance and audit reform
The prospective FRC chair acknowledged that the watchdog’s own governance needs reform, and that audit scandals have damaged its reputation.
‘Cultural proximity’ can aid audits, but may threaten innovation
Study reveals positive impact of cultural proximity of audit partner–CFO pairs on outcomes, but academics warn over risk of “group think”.
Sir Donald Brydon on audit reform, career NEDs and board relationships
While bemoaning the “glacial” pace of audit reform, he hails the pandemic’s transformation of communication between boards and employees.
News round-up: this week in governance
Shell to shift its HQ; audit reforms continue to cause controversy; Korea introduces gender quota; and stock exchanges make net zero pledges.
News round-up: this week in governance
Car park catch-ups; audit reform rumours; Elon Musk on Twitter; ISS seeks climate disclosures; and why married CEOs are a safer bet.