Sarbanes-Oxley: like learning a new language
The Internal Controls over Financial Reporting assessment of the Sarbanes-Oxley Act are relevant for any company with securities listed in the US, including many large UK companies.
Corporate governance and audit reform
The UK government has proposed measures to restore trust in governance, reporting and auditing. Drawing upon the recommendations of three major reviews by Sir John Kingman, the CMA, and Sir Donald Brydon, the proposals include sweeping changes for company directors and auditors. ICAEW has consistently emphasised the urgency of reform. As a leading global professional body for chartered accountants, we are committed to contributing to the restoration of trust in the profession.
ICAEW's full response to the BEIS White PaperOpinion and news analysis
Potential PIE extension casts the regulatory net wide
Radical reforms proposed by the UK Government could see thousands more companies brought under new, more stringent, audit and corporate reporting rules previously aimed at the UK’s largest businesses.
ARGA powers strengthened on local government audit
The Audit, Reporting and Governance Authority will be reinforced with new powers over local government audit, protecting public funds and ensuring councils are best serving taxpayers.
Audit and assurance: building trust through better information
A key purpose of the BEIS White Paper on restoring trust in audit and corporate governance is simply to get companies to become really transparent in supplying more accessible information.