The Department for Business, Innovation and Skills has published a discussion document seeking views on a range of reforms the purpose of which is to enhance confidence and strengthen the audit regime, in the context of new European law (Directive 2014/56/EU and Regulation (EU) No 537/2014): see here (pdf). The discussion document is accompanied by a consultation paper from the Financial Reporting Council: see here (pdf).
Monday, 22 December 2014
UK: BIS and FRC consult on auditor regulation
The Department for Business, Innovation and Skills has published a discussion document seeking views on a range of reforms the purpose of which is to enhance confidence and strengthen the audit regime, in the context of new European law (Directive 2014/56/EU and Regulation (EU) No 537/2014): see here (pdf). The discussion document is accompanied by a consultation paper from the Financial Reporting Council: see here (pdf).
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