"Guidelines for Effective Audit Committees – Selection, Appointment and Reappointment of Auditors" issued by the Financial Reporting Council
Apr 25, 2022
The Guidelines provide specific and practical guidelines for audit committees to establish a robust process for selecting, appointing and reappointing auditors, an essential first step in achieving audit quality. The publication highlights two key considerations for audit committees in selecting and appointing auditors: audit quality and audit fees.