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What the future holds for UK auditing reform

Published on: 20 September 2021
Published by: Law360
  • What the future holds for UK auditing reform
  • Why was ARGA created?
  • What powers is ARGA likely to have?
  • How will this affect the interplay with audit fraud?
  • What does the future hold for professional negligence claims against auditors?
  • What next?

Article summary

Law360, Expert analysis: Financial Reporting Council (FRC) has shown itself to be an increasingly effective and proactive regulator in its final months, and the greater powers of its incoming replacement—the Audit, Reporting and Governance Authority (ARGA), will likely continue an era of heightened scrutiny for auditors, say Paul Brehony and Kate Gee at Signature Litigation. or take a trial to read the full analysis.

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