CO-ORDINATING GROUP ON AUDIT AND ACCOUNTING ISSUES

The Secretary of State for Trade and Industry made a statement to the House of Commons on the afternoon of 29 January 2003 about the Final Report of the Co-ordinating Group on Audit and Accounting Issues (1,158Kb) [also available in MS Word (398Kb)], and the Report of the Review of the Regulatory Regime of the Accountancy Profession (623Kb) [also available in MS Word (233Kb)], which were published on the same day.

• The Secretary of State's statement (275Kb)
  
  
• The link to Derek Higgs' review of The Role and Effectiveness of Non-Executive Directors is www.dti.gov.uk/cld/non_exec_review/index.htm
  
  
• The link to Sir Robert Smith's review on Combined Code Guidance for Audit Committees is www.frc.org.uk/publications
  
  
• The Interim report of the Co-ordinating Group (published 24 July 2002) (291Kb)
  
  
• The consultation document on the Review of the Regulatory Regime (published 8 October 2002) (590Kb)
  
  
• Press Release (published 29 January 2003) (103Kb)
  
  
• On 11 March the DTI published a consultation document on legislative proposals for the Review of the Regulatory Regime of the Accountancy Profession (112Kb) .  The Government has published its response to the consultation (282Kb).  Further information about the legislative provisions can be found at www.dti.gov.uk/cld/companies_audit_etc_bill