Thursday, 11 September 2014

UK: statutory audit services market - comments on CMA's draft Order

Earlier this year the Competition and Markets Authority published a draft of the Order that will implement the recommendations made by the Competition Commission (one of the bodies the CMA has replaced) in respect of the market for statutory audit services: see here (pdf). The Order covers audit tendering and audit committee responsibilities. Responses received in respect of the draft Order have now been published: see here.

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