Ministers believe bill is not best use of legislative time and will instead press on with modernising corporate reporting ...
International Accounting Bulletin on MSN

UK scraps audit and governance reforms over cost concerns

The Reform Bill would have redefined public interest entities and created a new, more powerful regulator.
The cancellation of long-promised UK audit reform raises the odds of more company collapses without adequate warning, leading ...
LONDON, May 24 (Reuters) - A UK competition probe could define the future of the "Big Four" accounting firms after the European Union delayed its reform of the multi-billion euro sector until after it ...
LONDON—British auditors have warned that the UK’s defense equipment plans are again at risk because of over-optimistic assumptions about future budgets and costs. The UK is planning to spend some £238 ...