questionText: To ask the Secretary of State for Business and Trade, what steps his Department is taking to help ensure the (a) accessibility and (b) affordability of audit requirements for small and mid-sized quoted companies.
answerText: Audit standards for UK companies are adopted and set by the Financial Reporting Council (FRC), with reference to internationally-agreed standards. The Government is aware of concerns about the cost and availability of high-quality audit for smaller quoted...
heading: Small Businesses: Audit