Audit: Competition

Department for Business, Energy and Industrial Strategy written question – answered at on 10 December 2018.

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Photo of Lord Taylor of Warwick Lord Taylor of Warwick Non-affiliated

To ask Her Majesty's Government what assessment they have made of the invitation to comment by the Institute of Chartered Accountants, Competition and Markets Authority Statutory Audit Market on the impact of increased choice in the audit market.

Photo of Lord Henley Lord Henley Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

It is for the Competition and Markets Authority (CMA), as an independent competition body, to assess responses to its invitation to comment. The Government looks forward to the CMA’s provisional findings, due to be published in due course.

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