UK Corporate Governance Code Consultation

Publication of the UK Government's Restoring Trust in Audit and Corporate Governance paper marks a significant moment for audit and corporate governance in the UK. These critical reforms are set to modify the corporate ecosystem, with a renewed emphasis on good governance and robust corporate reporting as the cornerstones of a well-managed company. This will help promote public trust and investor confidence in UK businesses, playing a significant role in the economy and capital markets. These changes provide a new framework, but guidance will be critical for company boards. Being able to examine the code changes through the dual lens of public accounting and management accounting allows AICPA & CIMA to bring a different perspective to this important debate.