Business Maverick: UK cleans up accounting sector with revamped audit rules

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 84%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

The UK will bring in sweeping reforms aimed at the faltering audit regime to rein in the dominance of the Big Four accountancy firms, in an attempt to clean up the sector following a string of high-profile scandals.

The UK government said on Tuesday that it will replace the sector’s regulator, the Financial Reporting Council, with a new watchdog that will be given tougher enforcement powers and be funded by an industry levy.

The Audit, Reporting and Governance Authority will also have the ability to designate large private companies as “public interest entities” to ensure they are more transparent with investors. FTSE 350 firms will also need to conduct some of their audits with a challenger firm to PricewaterhouseCoopers, KPMG, Deloitte and Ernst & Young – to help nurture more competition.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 3. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

UK slaps 25% windfall tax on profits of oil and gas companiesBoris Johnson’s government will impose a so-called windfall tax on the profits of oil and gas companies to help fund support for Britons facing a cost-of-living crisis.
مصدر: SundayTimesZA - 🏆 47. / 51 اقرأ أكثر »