Audit updates: May 2017

In our monthly roundup of developments in audit and governance, corporate governance code needs overhaul, FRC sanctions review plan, Deloitte in fashion at SuperGroup, PwC slips up with PZ Cussons loss

Calls for code of governance review

A change of focus and stronger powers for the Financial Reporting Council (FRC), including a traffic-light rating system for company performance, and an end to long-term incentive pay packages, are among the key recommendations in a report on corporate governance from the Business, Energy and Industrial Strategy (BEIS) Committee inquiry.

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Calls for code of governance review

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