Correspondence

Operation of the audit market: letters to the CMA and Sir John Kingman

Letters from Greg Clark to Lord Tyrie, Chair of the CMA, and Sir John Kingman, FRC review lead.

• From: Department for Business, Energy & Industrial Strategy and The Rt Hon Greg Clark
• Published: 9 October 2018

This was published under the 2016 to 2019 May Conservative government

Documents

Operation of the audit market: letter from Rt Hon Greg Clark to Lord Tyrie, CMA Chair

PDF, 145 KB, 1 page

Operation of the audit market: letter from Rt Hon Greg Clark to Sir John Kingman

PDF, 144 KB, 1 page

Details

Business Secretary Greg Clark has written to the CMA urging them to consider what can be done to improve competition in the audit sector.

He has also asked Sir John Kingman to consider if there should be any change in the way auditors are appointed and how their fees are set alongside his review of the FRC.

Read Sir John Kingman’s response.

Published 9 October 2018