Understanding the Impact of Brexit- Auditing
For the last forty years UK company law has been very heavily influenced by EU directives and regulations. As the UK extricates itself from the EU there are various issues which will affect some companies and their auditors for periods commencing on or after 1 January 2021. Also, there are potential changes to the way in which UK companies operate and are regulated.
- Recognition of audit qualifications.
- Management and voting rights for audit firms – UK and EEA.
- Third country audit firms.
- The EU Audit Regulation.
- Group Audits.
- Audit Committees.
- Audit exemptions.