Audit & Governance Reform

The release of the BEIS White Paper in March 2021 signalled a once in a generation opportunity to transform audit and strengthen corporate governance in the UK.

There is widespread consensus that the audit sector is not reaching its potential, and that previous attempts at reform have been ineffective. And the impact of audit is wide-ranging. Trust in the quality of audit underpins confidence in UK business, the money invested in listed firms by private and institutional investors, and the livelihoods of the people who work in the audited companies.

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