Ministers believe bill is not best use of legislative time and will instead press on with modernising corporate reporting ...
International Accounting Bulletin on MSN

UK scraps audit and governance reforms over cost concerns

The Reform Bill would have redefined public interest entities and created a new, more powerful regulator.
Eight years after systemic flaws were exposed, ministers have abandoned their long-promised overhaul in favour of another ‘pro-growth’ nod ...
International Accounting Bulletin on MSN

UK audit companies urge FRC to stop public probe announcements

FRC investigation notices usually name the auditor, client and period, which is often enough to deduce the engagement partner ...
The UK government has faced criticism from a number of investor and corporate governance groups for its decision to scrap ...
Scrapping the bill is the wrong decision, according to Caroline Escott, chair of the pension fund-backed Governance for ...
The government has announced it will not proceed with the Audit and Corporate Governance Reform Bill, which has been called ...
Labour has scrapped the audit reform bill aimed at stopping corporate giants from gambling with the economy — a step back to ...