TFL Vsebine / Revija SIR*IUS

Current developments in the area of auditing and regulation in Great Britain and USA

V članku povzemam rezultate treh raziskav, ki so jih izvedli v Veliki Britaniji po izbruhu štirih večjih finančnih škandalov: Kingmanove neodvisne preiskave o delu britanskega regulatorja, CMA-jeve raziskave o trgu revizijskih storitev v Veliki Britaniji ter Brydonove raziskave o kakovosti in učinkovitosti revizij. Ker je tudi regulator ameriškega trga PCAOB najavil določene spremembe pri izvedbi nadzora, povzemam tudi te ter v sklepnem delu članka primerjam (možne) smeri sprememb pri nadzoru, ukrepih na trgu revizijskih storitev, na področju komunikacije z različnimi deležniki ter morebitnih vplivih na širše korporativno upravljanje.

The article summarizes the results of three reviews that were conducted in Great Britain after four recent financial scandals that have been discovered: Kingman's Independent Review of the Financial Reporting Council (FRC), Competition & Markets Authority's (CMA) Statutory Audit Service Market Study and Brydon's Independent Review into the Quality and Effectiveness of Audit. As the US regulator, PCAOB also announced certain changes in the approach to the regulation and the article summarizes those as well. The concluding part of the article gives a summary of (potential) changes to the regulation, measures related to the audit market, communication with different stakeholders. and possible impacts on corporate governance.