The Effective Board
FRC Consultation on Changes to the Auditor’s Report
On 4 June 2013, the Financial Reporting Council (‘FRC’) published revisions to ISA (UK and Ireland) 700 covering the auditor’s report for entities which are subject to the UK Corporate Governance Code (‘the Code’). This requires the auditor’s report to address three new critical areas: risks of material misstatement, materiality and the audit scope.
Helping you get it right
For us, good governance is about good performance.
Yes, compliance matters. But our work is about helping you make sure your organisation…is led effectively by a board that adds value…is kept under control through risk management and assurance frameworks that meet your needs…and is “doing the right thing”.Contact