Accountancy: Regulation
(asked on 13th February 2020) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what plans they have to reform the regulation of the accounting profession.
Answered by
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 27th February 2020
The Government is committed to acting on the findings of the three independent reviews of audit: the FRC review, the CMA review and the Brydon review, covering respectively the regulator, the market and the audit product itself. We will set out comprehensive proposals for audit reform in the Spring and will then bring forward legislation as soon as parliamentary time allows.