The QCA Corporate Governance Committee prepared this reponse to the Audit Practices Board, arguing that the threats and safeguard approach of the APB is appropriate and that there should not be a blanket ban on auditors providing non-audit services. An Audit Committee of a listed company is well-placed to assess whether a conflict of independenc may arise.
QCA response to APB's consultation on Non-Audit Services
The QCA Corporate Governance Committee prepared this reponse to the Audit Practices Board, outlining its view on the provision of non-audit services from a company's appointed auditor.