Implementing managed shared audit would put a burden on audit committees, a recent panel discussion concluded.
Responses to the FRC’s consultation on its proposals highlight practical concerns about implementation and compliance.
The Institute of Directors says the FRC proposal on board governance means ‘lines of accountability will be blurred’.
Long-awaited legislation to create a new audit and governance watchdog may not see light until after the election, says news report.
As the new rules wend their way through the EU drafting process, interested parties from all sides clamour to be heard.
Assurance is growing in importance, sparking the need for robust global standards on sustainability data, and a focus on transferable skills.
Campaigners fear that ‘limited’ EU draft directives on corporate reporting will hinder the creation of a ‘sustainable and just economy’.
Setting standards for sustainability reporting is complex. Can we learn from the past 150 years of setting financial reporting standards?
The FRC has set out its plans to help integrate sustainability into corporate governance, reporting and audit reforms.
The UK will proceed with legislative plans for SDRs, including transition reports, after the proposals were missing from the Queen’s Speech.