UK: Brydon Review | The Future of Audit Inquiry

Sir Donald Brydon, the chair of the recently established review of the quality and effectiveness of the UK audit market, gave evidence yesterday before the Parliamentary future of audit inquiry. Sir Donald said that the final terms of reference for his inquiry would be published "very, very soon"; he also stated that he did not start from the position that "the whole thing is rotten" but "clearly significant improvements must be possible". A video recording of his evidence session is available below (and also here). The chief executive of the Financial Reporting Council, Andrew Haddrill, will give evidence today: see here.