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Findings of the FRC's Audit Committee research point towards audit sector reform

Findings of the FRCâs Audit Committee research point towards audit sector reform
The Financial Reporting Council (
FRC) has just published the outcome of new research into the approach that Audit Committee Chairs (
ACCs) take to audit quality. The findings suggest inconsistency among ACCs on what constitutes audit quality, and how it should be approached, which the FRC says
“lends weight to the proposals for reforms in the audit sector”.
The FRC commissioned YouGov, a market research and data analytics firm, to undertake interviews with 54 Audit Committee Chairs (ACCs), who chair the audit committees of 73 companies. The purpose of the research was to assist in the FRC’s work of supporting Audit Committees to drive high quality audits, and its findings will be used by the FRC both in their ongoing work, and in any further reforms it deems are required in the audit sector. ....

Mark Babington , Financial Reporting Council , Audit Committee Chairs Accs , Audit Committee Chairs , Committee Chairs , Audit Committees , Executive Director , Regulatory Standards , குறி பாபிங்டன் , நிதி புகாரளித்தல் சபை , தணிக்கை குழு நாற்காலிகள் அசிஸ் , தணிக்கை குழு நாற்காலிகள் , குழு நாற்காலிகள் , தணிக்கை குழுக்கள் , நிர்வாகி இயக்குனர் , ஒழுங்குமுறை தரநிலைகள் ,

FRC's Audit Committee Research Point to Audit Sector Reform

Thursday, December 17, 2020
The Financial Reporting Council (
FRC) has just published the outcome of new research into the approach that Audit Committee Chairs (
ACCs) take to audit quality. The findings suggest inconsistency among ACCs on what constitutes audit quality, and how it should be approached, which the FRC says
“lends weight to the proposals for reforms in the audit sector”.
The FRC commissioned YouGov, a market research and data analytics firm, to undertake interviews with 54 Audit Committee Chairs (ACCs), who chair the audit committees of 73 companies. The purpose of the research was to assist in the FRC’s work of supporting Audit Committees to drive high quality audits, and its findings will be used by the FRC both in their ongoing work, and in any further reforms it deems are required in the audit sector. ....

Mark Babington , Financial Reporting Council , Audit Committee Chairs Accs , Audit Committee Chairs , Committee Chairs , Audit Committees , Executive Director , Regulatory Standards , குறி பாபிங்டன் , நிதி புகாரளித்தல் சபை , தணிக்கை குழு நாற்காலிகள் அசிஸ் , தணிக்கை குழு நாற்காலிகள் , குழு நாற்காலிகள் , தணிக்கை குழுக்கள் , நிர்வாகி இயக்குனர் , ஒழுங்குமுறை தரநிலைகள் ,