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UK directors and audit reform – What’s next?

By Shamus Rae, CEO and founder of Engine B

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When the Government launched its long-awaited consultation to reform audit and corporate governance in March, all stakeholders understood that the proposed reforms would be unusually complex and far reaching. This complexity accounts for the longer than usual 16-week consultation period for this White Paper, closing on 8 July 2021 and is also a move by the Government to ensure that all relevant parties have the opportunity to share their views.

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