This is a consultation on draft regulations requiring companies to provide more detail about the types of services that they and their associates have purchased from their auditors and their associates, and to ensure that this information is published in one place.
The intention is to give shareholders and others information on which to make a judgment about whether the provision of non-audit services is a threat to a company auditor’s objectivity or independence and to enable users of accounts to make meaningful comparisons across companies.
See Announcement and links to Report.