The government’s proposed reforms for strengthening the UK’s framework for major companies and the way they are audited is more than just a shake-up of the audit market. The impact on professional advisers, companies and the markets as a whole, will be significant and is not widely understood.
The deadline for submissions to the consultation on the proposed reforms is on 8 July, which means there is still time to raise concerns and constructive recommendations to government.
We all want a strong UK market underpinned by a robust compliance framework that enables companies to grow while protecting the interests of investors. By giving us your opinion, we can collectively help to ensure that the proposed reforms will enhance and not hinder its future success.