Brussels urged to review stance on audit liability

New protections for auditors mean the European Commission must drop its 'piecemeal' approach to the subject and step up its efforts to improve quality and competition in the audit market, the International Corporate Governance Network, a leading group of investors, has warned.

Website: International Corporate Governance Network (ICGN) http://www.icgn.org/

ICGN: The ICGN Accounting and Auditing Practices Committee writes to the European Commission commenting on the Commission’s recommendations on auditor liability..., August 2008 http://www.icgn.org/organisation/documents/letter_%20mccreevy_kroes_19_august.pdf

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