The process of UK audit reform has been disrupted after the government decided to abandon major changes under discussion for the past five years. But reform is not quite dead. There is much for audit committees and internal controls experts to consider. Though ministers may have u-turned on new reporting requirements for audit and corporate resilience, companies could still retain some of the changes while also grappling with sustainability reporting provisions included in a newly revamped UK Corporate Governance Code. This breakfast briefing in partnership with Board Agenda will explore the measures worth keeping from the government’s cancelled policies while highlighting new audit committee responsibilities included in the code.

Chaired by editor Gavin Hinks, panel guests will discuss:

• Where the UK is now on audit reform. How businesses have reacted.
• Whether elements of the scrapped reforms are worth retaining and why.
• New audit committee responsibilities on narrative and sustainability reporting expected in a revised governance code.
• New responsibilities for internal controls.
• The reporting and assurance challenges they represent.
• Whether a new government could resurrect reforms following next year’s General Election.

Who Should Attend

This exclusive in-person event is tailored for audit committee members, corporate governance professionals, audit experts, and risk management specialists as we gain insight into the status of UK audit reforms, the implications for audit committees and heads of internal controls.

Reserve your spot today!