Trust in UK audit is rising, but the public needs reform and clear reporting

Audit matters. This, one of the core founding principles at the Centre for Public Interest Audit (CPIA), was reinforced through each difficult moment for the audit profession in the previous decade, writes CPIA executive director Dean Beale Several well-reported corporate failures, including Carillion, BHS and Patisserie Valerie, significantly impacted the perception of the profession. In turn, they also raised questions about the reliability of the reporting to the UK capital markets, at a time of geopol ...