CORE has made a submission to the Department of Business, Energy and Industrial Strategy (BEIS) initial consultation on recommendations made by the Kingman Independent Review of the Financial Reporting Council (FRC). In the submission we welcome attempts in the Review to improve the efficacy of shareholders’ and auditors’ oversight, but highlight that inherent flaws mean that neither are ultimately a replacement for effective regulation and accountability mechanisms.
Read the full submission here >>
Read about the consultation here >>