Tag: managed shared audit
Investors’ trust in auditors grows
Faith in the independence and objectivity of auditors and satisfaction with the audit process have risen, according to a recent survey.
Support grows for a wider sustainability assurance market
UK watchdog’s proposal to place fewer restrictions on which firms can offer sustainability assurance garners support.
Cross-party lobby pushes for audit reform
Promised reforms are ‘essential’, says a signed letter co-ordinated by the Chartered Institute of Internal Auditors.
Labour peer calls for audit reform ‘now’
After the business minister delayed the governance reform bill, Lord Sikka pointed to a ‘steady parade of audit failures’.
Failure to reform audit could hit taxpayers’ pockets
When large firms go bust, ‘the British public pays the price’ in bailouts, job losses and disruption, warns professor.
‘Uncertainty’ remains over audit reform
The Institute of Directors foresees a move forward by the government, but whether this will follow previous proposals is unclear.
UK audit market shows signs of diversifying
There has been an increase—albeit small—in challenger audit firms’ share of the takings, according to FRC figures.
ISG’s demise triggers audit reform push
Building giant ISG goes into administration, highlighting the lack of progress on audit reform since Carillion’s collapse in 2018.
Audit reform back on the government’s agenda
Today’s King’s Speech included a declaration that the UK would get a draft audit reform and corporate governance bill.
Business renews calls to government for audit reform
Accountancy body ACCA seeks ‘timetables for addressing key issues such as economic, fiscal and corporate governance reforms’.