Tag: internal controls

Now is the time to consider the UK Corporate Governance Code
Boards can find positivity—rather than pain—if they approach the coming requirements with vigour and rigour.

A guide to risk management for board directors
Risk management goes beyond compliance: it’s a critical aspect of governance that supports long-term success.

Are you ready for the EU’s AI Act?
This summer’s new regulations on using artificial intelligence, including generative AI, are set to have a significant impact.

How the UK governance code update brings business benefits
As boards gird their loins to prepare for updated UK corporate governance requirements from 2026, there’s good news too.

Industry body opens consultation on internal audit code of practice
Code addresses need for ‘robust, competent and appropriately resourced internal audit’, according to the Institute of Internal Auditors.

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’.

Boards urged to retain ‘beneficial’ reporting elements
Although the government cancelled the requirement, resilience disclosures ‘cannot be wasted effort’, says senior auditco chair.

Boards will need to make internal controls statement
Government legislative agenda sees FRC reduce governance code revisions, but declaration on controls survives the cull.

An uncomfortable U-turn on audit reform
The government’s bonfire of the regulations expected for audit reform creates a source of uncertainty for business.

Reversal on audit reform makes ‘little sense’
Investors react to the government’s U-turn on proposed measures prompted by the collapse of Carillion in 2018.