Written Question·Department for Business and Trade·UIN 36795

Companies: Audit

Tabled: 10 March 2025

Answered: 17 March 2025

Question

Mr Richard Holden

To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential merits of requiring the largest (a) private and (b) public companies to publish a triennial Audit and Assurance Policy mandating them to report (i) intern

Answer

Justin Madders

The Government announced that it would publish a draft audit reform and corporate governance bill in the King’s Speech, which is expected to include extending enhanced Public Interest Entity audit requirements to very large private companies. The Governme...

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