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PwC comments on Government response to the consultation on strengthening the UK’s audit, corporate reporting and corporate governance systems

Hemione Hudson, Head of Audit at PwC UK, said:

“It’s good to see progress on a package of legislative reforms to improve standards for audit, reporting  and corporate governance. The Government’s response to the consultation acknowledges that all parts of the corporate governance ecosystem have a part to play in reform and outlines a suite of measures covering the whole market. We’ve long maintained that holistic reform will deliver the best outcome and ensure the UK remains a leading place to do business. The detailed response marks a step forward and its significance should not be underestimated.”

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