Impact of Company Size Threshold Changes on the Audit Profession

On 18 March 2024, the government announced its intention to lay legislation this summer that will make changes to the company size thresholds, with the aim of reducing the regulatory burden on small and medium sized businesses in relation to non-financial reporting and audit exemptions.

The company size criteria were last amended in 2012 and in this webinar Lee Eagling and Gemma Archer discuss the proposed changes and what it means for the profession.

Content:

The proposed changes to thresholds

Impact on the profession for audit firms