PwC Regulatory Briefing: Updated November 2013

The last few months have seen the release of and progress on a number of significant regulatory proposals ─ in particular,

  • the release of Exposure Drafts by the IAASB and the PCAOB on proposed changes to the auditor's report
  • the release of the final report by the UK Competition Commission into the statutory audit market for large listed companies
  • signs of real progress in bringing the EU audit reform debate to a conclusion - potentially before the end of 2013.

The latest issue of the Regulatory Briefing provides an overview of these and other significant developments, focusing on proposals, new legislation and other initiatives plus the PwC position on these. We also highlight areas where we believe management's input to a consultation or debate would be helpful.