UK SOx: What you need to know

UK SOx is the unofficial name given to the UK new corporate governance regime. The Government has announced details of its corporate governance reforms which will move the UK regime closer to the US Sarbanes-Oxley regulations.

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KPMG Directors Quarterly: January 2023

Priorities for board and audit committee agendas, KPMG’s chief economist on measuring what matters, and a financial reporting and auditing update.

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FRC Annual Review of Corporate Reporting

The Financial Reporting Council have published its Annual Review of Corporate Governance Reporting which has found an improvement in the quality of reporting against the UK Corporate Governance Code.

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2022 Q3: Topics for your next audit committee agenda

Audit committees have a critical oversight responsibility and committee members must stay up to date about changing regulations, reporting guidelines and dynamic expectations. PwC’s quarterly audit committee special edition offers potential topics for inclusion in your upcoming audit committee meeting.

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Drawing a line in the sand

PwC’s Annual Review of Corporate Reporting in the FTSE 350 in 2021/22 finds that with such uncertainity and disruption in recent years, corporate reporting is not keeping up.

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FRC Professional Judgement Guidance for Auditors

The Financial Reporting Council (FRC) has published comprehensive professional judgement guidance for auditors to improve how they exercise professional judgement. The new guidance includes a framework for making professional judgements and a series of illustrative examples. The guidance will be of particular use for auditors and central technical teams but will also have wider interest…

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2022 Board Committee Priorities

As the functions and responsibilities of the board continue to transform and grow, committee roles are also evolving in lock-step. BDO have compiled key agenda items for 2022 board and committee meetings that may be impactful to committees roles. Explore the top issues for each board committee this year.

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2022 BDO Middle Market CFO Outlook Survey

The 2022 BDO Middle Market CFO Outlook Survey, which polled 600 CFOs on their plans and predictions for the year ahead, shows that despite supply chain disruptions, labor shortages and the ongoing pandemic crisis, middle market finance leaders see reasons for optimism.

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IIA Report: Cultivating a Healthy Culture

The aim of this report from the IIA, is to challenge the internal audit profession to be proactive and step up more in supporting the board to monitor, assess and provide assurance on corporate culture.

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Audit Committee Priorities for 2022

In preparation for the year ahead, audit committees should prepare for an expanding array of responsibilities and actively seek education that will contribute to audit quality and the integrity of financial reporting. Below are five key areas, according to BDO, that should be top of mind for audit committees in the coming year.

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