Press Release
‘Audit reform welcome, but core concerns need addressing alongside legislation,’ says ICSA: The Chartered Governance Institute
The Chartered Governance Institute has today welcomed the Government’s proposals to reform the UK audit market and strengthen the country’s corporate governance regime, but stressed that the proposed legislation around audit has to be evaluated on how well it addresses core concerns on the role of audit, the degree of professional scepticism exercised by auditors and the lack of trust in the ability of auditors outside the Big Four.
