MEDIA STATEMENT | 2 APRIL 2019
Audit report proposals vital to reducing the risk of another Carillion
New proposals made by the House of Commons Business Committee to reform the external audit market will reduce the risk of future corporate collapses like Carillion, BHS and Patisserie Valerie.
MEDIA STATEMENT | 11 March 2019
The government’s new audit regulator must play a leading role in preventing future Carillions
The announcement follows an Independent Review of the FRC led by Sir John Kingman, which published its final report in December 2018.
MEDIA STATEMENT | 18 December 2018
Chartered Institute of Internal Auditors backs calls for the Financial Reporting Council to be replaced by new body
The Chartered Institute of Internal Auditors has backed calls for the Financial Reporting Council (FRC) to be abolished and replaced by an entirely new regulator, as recommended by the Independent Review of the FRC led by Sir John Kingman, which published its final report earlier today.
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The Chartered IIA offers opinion and comment on a range of issues relating to internal audit, principally in the areas of risk management, internal control and corporate governance.
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