This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print page

Law and Regulation

Deloitte’s response to the Competition Commission's working paper

Background

This response reflects Deloitte’s comments on the first working paper published by the Competition Commission (CC).

Contents

Deloitte’s response finds that the working paper provides a valuable guide to the main legal and regulatory forces relevant to the audit of large companies in the UK.  However, it contains insufficient discussion on one key issue: audit quality.  There are also a small number of other very important issues which are raised by the working paper that Deloitte believes need further consideration by the CC. These are:

  • risk and liability;
  • the role of the audit committee;
  • US regulatory forces; and
  • regulation and market distortion.

Download

Download Deloitte’s response to the Competition Commission's law and regulation paper (PDF)

Share this page

Email this Send to LinkedIn Send to Facebook Tweet this More sharing options
Follow:

Get in touch

More on Deloitte