Tuesday, June 15, 2010

EC weighs in on debate over future role for audit


European Commission green paper on corporate governance proposes radical reforms to audit

If there was any doubt the role of audit was set to evolve, then the latest suggestions in a European Commission green paper on corporate governance indicate it is more a matter of when, not if.

In response to the global financial crisis, the EC’s paper takes on a broad agenda looking at how the financial services industry and its stakeholders can introduce better governance to avoid future disasters.

See full Article.