Watchdog Looks To Strengthen Governance Of Auditors

By Najiyya Budaly (August 26, 2021, 11:56 AM BST) -- The accounting watchdog said on Thursday that it plans to significantly strengthen its governance code for firms that audit companies listed on London stock exchanges in the wake of a series of scandals. 

The accounting watchdog has set out revised guidance for auditors that it said would ensure that scrutiny of FTSE 350 companies is completed to a higher quality after a series of scandals. (iStock) The Financial Reporting Council has proposed revamped guidance for auditors, which it said would ensure that checks on FTSE 350 companies — the largest firms listed on the London Stock Exchange — are completed to a higher quality. The proposals, which are...

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