In all, the auditing giant has now been fined £30m for its failures at Carillion, reduced to £21.5m for co-operation.

Responses to the FRC’s consultation on its proposals highlight practical concerns about implementation and compliance.

Investors who quiz the audit committee get a more rounded – albeit sometimes less comfortable – picture of the company.

UK watchdog’s proposals include giving audit committees greater reporting responsibilities and addressing ‘overboarding’.

Auditco chairs will have their work cut out if the role increases to become more ‘outward facing’ and encompass investor relations.

New government requirements mean boards will need to disclose planned responses to risks—leading to tough choices, a recent briefing heard.

The Quoted Companies Alliance puts the average length of a FTSE 100 board report at 237 pages—and growing every year.

Academics propose that—if refined—the governance principle and the UK’s code will still be fit for purpose.

The government’s reform proposals include seeking disclosures from many non-financial public interest entities.

Harnessing the power of integrity will improve the decisions taken by everyone in your organisation, and can lead to rapid culture change.