A post-COVID crash is looming – and Britain’s auditors are asleep at the wheel. As COVID-related state support for precarious firms winds down, much-needed audit reform remains worryingly remote.
Like a tedious household repair job, fixing the accounting for Britain’s largest and most important companies is always put off until it’s too late – and then bodged anyway, with often calamitous results.
As COVID-era government support for some of the country’s most precariously positioned companies winds down, accounting for their finances remains trapped in this unhealthy pattern.
Click on the image below to find out more.