Authorization

Efforts to fix the market in auditing rumble on

AUDITORS ARE supposed to provide an independent view of company accounts. But regulators fear that the relationship between auditors and those they audit can become too cosy—which is why the European Union has decided that, from 2020, companies will have to switch auditor at least once every 20 years. Last week the Financial Reporting Council (FRC), a British regulator, sent a letter to audit firms warning them away from “rotation in form but not in substance”.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Апрель 2020    »
ПнВтСрЧтПтСбВс
 12345
6789101112
13141516171819
20212223242526
27282930