Response to Brydon Review

Matthew Fell, CBI Chief UK Policy Director:

“Both investors and stakeholders rely on audits as a key barometer of a company’s health.

“The reforms presented in the Brydon review, particularly those on broadening the scope of audit beyond financial statements, should help the industry continue to evolve to meet the growing expectations of the market.

“The Brydon review was always going to be the guiding light to inform all other changes around the audit market. Its publication means that 2020 can be a year of positive action following a series of consultations.”