UK AUDIT SYSTEM REVIEW COULD SHARPEN KEY INSTRUMENT FOR DETECTING COMMERCIAL CRIME

The fact that auditors are struggling to conduct due diligence at companies during the Covid-19 crisis, given a lack of access to documents, offices and staff, is highlighting a key debate that was launched before the pandemic hit – just what standard auditors should target when seeking to prove accounts do not hide wrong-doing or crime. Keith Nuthall and Gavin Hinks report   It was last December that Sir Donald Brydon released a long-awaited report following an Independent Review into the Quality and Effectiveness of Audit requested by the UK ...


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