Corporate Governance: EP2 – The Government's audit and governance proposals – impact on companies

Summary: What do the Government's audit and corporate governance reform proposals mean for companies? In this podcast, we discuss the UK Government's long awaited consultation paper on audit and governance reform with the Financial Reporting Council's Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, and Miranda Craig, Director of Strategy and Change. The consultation paper proposes some fundamental reforms in a number of areas in relation to audit, corporate governance and corporate reporting. In this podcast we consider some of the key issues for corporates including in relation to director liability and accountability, risk management and internal control process and procedures and audit and assurance. Visit the FRC website to hear more about the consultation and share your views. https://www.frc.org.uk/https/www-frc-org-uk/frc-for-you/beis-consultation-document-2021/how-you-can-hear-more-about-the-consultation-and-s Speakers: Gareth Sykes, Of Counsel, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs and Miranda Craig, Director of Strategy and Change at the Financial Reporting Council