Publication | Accountancy Age
Changes Abound - Adapting to the New Audit Landscape
March 3, 2023
Phil Crooks looks at UK audit in 2023, discussing themes including:
- Economic uncertainty as it could affect corporates, auditors, and the regulator.
- The upcoming transition of the Financial Reporting Council to the new Audit Regulation and Governance Authority.
- New and evolving audit standards.
- Professional vigilance as a key factor in avoiding fraudulent financial reporting.