audit commitee Archives

BEIS aims to ‘restore’ investor trust in audit and corporate governance

CAQ calls for audit committees to improve disclosure on audit fees

December 22nd, 2023

The Center for Audit Quality (CAQ) has urged companies to disclose more information around audit fees, particularly the connection between them and audit quality.

The Audit …

Quintain Estates leads by example at AGM

The AGM of Quintain Estates & Development plc, to be held on 9 September, will again include a separate resolution to approve the report of the Audit Committee. Furthermore, shareholders will be asked to vote on the re-election of the …

Audit committees: earnings management fears

Nine out of ten audit committee members say that the recession has increased the risk of earnings management and other misconduct – and yet fraud risk was the issue committees felt they were least effective at overseeing.

Research by KPMG’s …

One quarter of FTSE 350 audit committee reports are inadequate

Some 23% of FTSE 350 companies are not adequately reporting to shareholders on the activities of their audit committees, producing in effect little more than a summary of the committees’ terms of reference, research by the Local Authority Pension Fund …