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

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

There is an “urgent need” for reform to the audit landscape as well as internal audit, the Chartered IIA argues.

FRC’s record audit fines; ‘absolutist’ views on ESG; BlackRock votes for fewer E&S resolutions; climate reporting; narcissistic CEOs.