Call for code for third parties

Call for code for third parties

Audit Quality Forum sets up working group

Bankers and lawyers who provide information used in company accounts should be bound by similar ethical codes as auditors and directors, the Audit Quality Forum has said.

The group has decided to set up a working group on the role of ‘third parties’ in the reporting chain, the FT reports today.

Gerald Russell, chairman of the AQF, said: ‘We are trying to make sure [bankers, lawyers, tax advisors and surveyors] are bound by the same ethical and regulatory guidelines as auditors and directors. The concerns are that if they give misleading or partial advice there are no sanctions.’

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article