Post-Brexit, the UK relies more than ever on its reputation for good corporate governance and sound financial auditing, but, over the last decade, a string of corporate failures and auditing scandals has undermined that reputation. The government has recently published a consultation paper on ‘Restoring trust in audit and corporate governance.’ This responds to three major investigations by Sir John Kingman, the Competition & Markets Authority, and Sir Donald Brydon. It contains a plethora of proposals and asks for comments by 8 July. We are therefore convening a virtual roundtable to facilitate a high-level discussion about whether the proposals will tackle the underlying problems and meet the ambitious aims of the consultation paper. Our specialist panel for the round table will be:
Lord Prem Sikka
Martin Webster, Partner, Pinsent Masons
Scott Cormack, Former audit partner, KPMG
Chris Rees, Professor of Employment Relations, Royal Holloway, University of London