CC to report on audit market by mid-October

The Competition Commission (CC) has stated it will now be publishing its final report on its statutory audit services market investigation in early to mid-October.

Confirmation that its findings will be available shortly before the statutory publication deadline of 20 October 2013 are given on the CC website, which shows a revised administrative timetable.

The CC produced its provisional findings on the auditing of listed companies and notice of possible remedies to increase competition in mid-February. This was followed by a more detailed discussion published in July outlining its proposed remedies, which were subject to a consultation closing in August.

Pat Sweet | Reporter, Accountancy Daily [2010-2021]

Pat Sweet was the former online reporter at Accountancy Daily and contributor to the monthly Accountancy magazine, pub...

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