Plaistowe, who was replaced as chairman of the APB by Richard Fleck at the turn of the year, said that the board wants company interim results to be subject to a mandatory review by auditors.
It is also considering producing new instructions for auditors in order to stop the release of misleading pro forma, or adjusted earnings statements.
The Financial Services Authority is currently considering rule changes for listed companies and the APB is hoping to influence the FSA to tighten up how interim statements are produced.
Simon Wright of CareersinAudit.com discusses how an effective cyber defence force is critical to businesses worldwide and how internal auditors can make the transition to a new career in cyber security
The FRC has said that the investigation will 'consider, but not be restricted to, issues regarding misstated accounting balances'
Craig Maxwell joins the audit and assurance team in Scotland
Stephen Grayson to join the audit department in Manchester