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Restoring trust in audit and corporate governance

ICAEW’s view on proposed reforms

‘Restoring trust in audit and corporate governance’ is the BEIS white paper that sets out proposals on strengthening the UK’s corporate governance framework and the way companies are audited. This is where we share with you ICAEW’s views on the consultation, explore what restoring trust means, and share information on the reform agenda.

Read ICAEW's response in full
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ICAEW urges FRC for balanced corporate governance code revisions

  • Article
  • 14 Sep 2023
  • ICAEW Insights
ICAEW’s response to the FRC’s consultation on revisions to the Corporate Governance Code stresses that the future of corporate governance is as much about nurturing good behaviours as it is about preventing corporate failures.
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An exploration of what restoring trust means to companies and auditors


The BEIS White Paper – why do we need audit and corporate governance reform now?

  • Podcast
  • 28 Jun 2021
The BEIS consultation on audit and corporate governance reform proposes sweeping changes that will have a profound impact on the way corporate Britain operates. Why is this necessary now? What will it mean in practical terms? And is the timing right?
Climbing rope

The BEIS White Paper – is ARGA the corporate governance regulator we need?

  • Podcast
  • 30 Jun 2021
The BEIS whitepaper proposes replacing the current regulator, the Financial Reporting Council, with a new, more powerful body, the Audit Reporting and Governance Authority – ARGA. ICAEW’s Iain Wright is joined by a mega-panel of experts to discuss this proposal.

The BEIS White Paper – how do we restore trust through corporate governance?

  • Podcast
  • 30 Jun 2021
Trust in business and other institutions, such as Parliament and the press, has been declining for decades. How do we reverse the tide? Do the measures in the BEIS whitepaper set out a path to build back trust?
Climbing equipment

The BEIS White Paper – how do we measure audit quality?

  • Podcast
  • 05 Jul 2021
High profile frauds and corporate failures has put the spotlight on auditors. Regulators have questioned the quality of audits and the lack of competition in the audit market, leading to some of the more contentious elements of the BEIS whitepaper. What’s the right approach?

More on Corporate Governance

Visit the following pages for further information on Corporate Governance

Corporate Governance hub Audit and Corporate Governance reform
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