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.
The government has announced it will not proceed with the Audit and Corporate Governance Reform Bill, which has been called ...
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.
(Reuters) - Britain's accounting watchdog is investigating Grant Thornton UK's audit of cafe chain owner Patisserie's (CAKEP.L) financial statements for 2015-2017, the latest evidence of increased ...