BEIS Consultation Response – Restoring trust in audit and corporate governance

We at Zenith Audit have welcomed the opportunity to be able to provide our input in response to the consultation paper – Restoring trust in audit and corporate governance, which was presented to Parliament in March 2021. Audit is a profession, which is at the heart of our corporate and business activities, instilling integrity, fairness and transparency. As our world is evolving as a result of technological advances, innovation and shifting business practices, we believe that the audit function will need to develop to address such challenges. Our vision is that audit be fully independent and objective and at the same time emerge to become more pragmatic, encouraging a deeper collaboration and dialog with investors and business stakeholders.

Further commentary and our responses are provided in the attached file. We look forward to your feedback and further discussions.