Governance in focus: In the spotlight — audit committees and the 2014 reporting season
In this Governance in focus we review the topics audit committees need to focus on in the 2014 reporting season, including: the areas of focus from the FRC’s Corporate Reporting Review, effective audit committee reporting, new responsibilities under the CMA Order, the impacts on the provision of professional services, the updated UK Corporate Governance Code and the key governance themes for 2015, including the FRC’s integrated guidance on Risk management, internal control and related financial and business reporting.
It also includes references to our governance briefings issued during the year, which provide a deep dive on certain of the topics mentioned.