Competition and Choice in the Audit Market
"Competition and Choice in the UK Audit Market" an independent analysis of the audit market in the UK was published on 12th April 2006 by the DTI and Financial Reporting Council. The study considered the factors that contribute to the competitive environment for audit services to large listed companies in the UK. To view the report please click on the related documents on the right hand side of this page.
Companies Act
"We will evaluate the impact of the new Companies Act over the next few years to ensure that the provisions of the Act are bringing the benefits and changes of behaviour that were anticipated and to identify any possible unintended consequences of the changes in the legislation. We are still formulating the exact methodology of the evaluation but it is expected that in the early stages we will be surveying companies to gauge awareness of changes in company law, especially amongst smaller companies, and to identify expected benefits. Later stages of the evaluation will focus in more detail on the impacts of the new legislation, the benefits which have accrued to companies of different size and nature, and any difficulties or uncertainties which might have arisen once the legislative changes have bedded down. During the course of the evaluation we will be consulting widely with companies of all sizes and other stakeholders."
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