Summary
- FRC sets out proposals to improve the effectiveness of company stewardship by boards and audit committees.
- FRC to explore best practice by UK boards in determining and managing their level of risk.
- New guidance for audit committees on the provision of non-audit services.
- APB tightens the non-audit service regime.
- BIS to publish policy proposals on the future of narrative reporting in time for the 2011 budget.
- New clarified auditing standards impose more requirements on auditors.
Download
Governance in brief - January 2011 (PDF)
/Corporate Governance/uk-audit-governance-brief-Jan-2011.jpg)
