Displaying 1-20 of 85 results
Audit reform is “a priority for Labour”
- Article
- 14 May 2024
Jonathan Reynolds MP, Shadow Business and Trade Secretary, lays out broad plans for a Labour government should they win the next general election.
Why the resilience statement hasn’t gone away
- Article
- 18 Apr 2024
Despite the government dropping a requirement for UK plc to produce a resilience statement, some businesses still see the benefits of adopting its principles.
Sustainability: the most-needed knowledge for boards
- Article
- 16 Apr 2024
Every NED – not just ‘the ESG person’ – must have a basic grasp of sustainability issues for a board to function effectively, says Jeannette Lichner.
How the ‘thinking board’ boosts corporate resilience
- Article
- 11 Apr 2024
Boards that prioritise transparency and risk awareness will have the correct mindset to help their companies withstand shocks.
We need audit reform from our next government
- Article
- 28 Mar 2024
ICAEW has given evidence to the Business and Trade Committee on the challenges of audit and corporate governance reform. Iain Wright, ICAEW’s Managing Director, Reputation and Influence, explains what’s needed.
Lessons from a Cypriot corporate governance crisis
- Article
- 26 Mar 2024
A governance code for state-owned enterprises in Cyprus that emerged following the republic’s economic crisis has much to teach all organisations, says one of its leading authors.
Updated internal audit code to boost corporate governance
- Article
- 26 Mar 2024
Revised Internal Audit Code of Practice aims to empower internal audit by acting as a practical guide to supporting board disclosure on risk management and internal control frameworks.
New Bill scores for football governance
- Article
- 21 Mar 2024
The Football Governance Bill unveils an Independent Football Regulator to combat financial mismanagement, preserve clubs’ links with their communities and protect the national game.
UK company size thresholds to rise
- Article
- 19 Mar 2024
The monetary thresholds that determine company size are being raised by 50% as part of a drive to cut complexity and burden from legislative reporting requirements.
We do need ARGA, says FRC chief
- Article
- 14 Mar 2024
Richard Moriarty tells ICAEW’s Corporate Governance Conference that FRC’s powers still need enhancement, amid concerns that momentum for reform is fading.
Audit fees rise by 75% since 2017
- Article
- 05 Mar 2024
Availability of auditors, the complexity of financial reporting and auditing standards, and fewer auditors entering the profession among reasons cited.
Government’s plan to tackle local audit backlog in England
- Article
- 08 Feb 2024
Proposed backstop date of 30 September 2024 would force auditors to qualify or disclaim local authority financial statements if councils cannot resolve accounting issues in time.
Where next for audit and governance reform?
- Podcast
- 01 Feb 2024
In this Insights In Focus episode, we discuss the future of audit and corporate governance reform.
FRC updates Governance Code
- Article
- 22 Jan 2024
The 2024 Corporate Governance Code features minimal changes, mostly relating to risk and internal controls.
OECD to revise corporate governance guidance for SOEs
- Article
- 18 Dec 2023
Proposed revisions to corporate governance of government-owned businesses mark a welcome step up in sustainability, economic security and resilience, ICAEW says.
UK and Switzerland announce mutual recognition of qualifications
- Article
- 12 Dec 2023
The UK and Switzerland have signed a memorandum of understanding for the mutual recognition of statutory audit qualifications.
FRC slashes UK Corporate Governance Code revisions
- Article
- 07 Nov 2023
More than half of the proposals outlined in its consultation will not be taken forward in the interests of reducing burdens, regulator says.
ICAEW: King’s Speech audit reform omission “very disappointing”
- Article
- 07 Nov 2023
The absence of primary legislation for proposed audit reforms increases the risk of reduced capacity to respond to the next Carillion, ICAEW warns.
Why do companies fail?
- Article
- 21 Sep 2023
Corporate governance and internal control weaknesses are often the root cause of corporate failure. However, without fully understanding the subtleties at play, revisions to the Corporate Governance Code will only go so far in addressing the problems.
ICAEW urges FRC for balanced corporate governance code revisions
- Article
- 14 Sep 2023
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.
Displaying 1-20 of 85 results