The UK Government has published proposals to restore trust in audit and corporate governance.

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The UK Government has published proposals to restore trust in audit and corporate governance. In a range of recommendations that include
1. Establishing a Audit, Reporting and Governance Authority.
2. Requiring larger companies to report on the risks that they face.
3. Making directors of the countries biggest companies accountable for significant failures in their corporate reporting and audit related duties.
4. Ensuring that large public companies meet expected standards of reporting and accountability.
5. Strengthening oversight of the accountancy and audit profession.

The proposal is an example of the increased oversight and assurance that governments are taking to address Corporate Governance, Risk and transparency.

Ted Dziekanowski

#governance #risk #esg

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