Developments in regulations and public policies can have wide ranging implications for companies and their auditors. For companies, it might mean new reporting or governance requirements. For us as auditors, the nature and scope of the audit, the oversight of our work or the role of the auditor in the capital markets could all change.
We use our experience and knowledge to bring insights to the ongoing debates around the significant regulatory and public policy issues affecting business, society, our clients and our profession.
We know it is important to stay up to date and engaged with these issues. You can find more information about what has been happening, read our latest regulatory briefing and sign up for updates from us below.
December 6, 2023
The closure of the comment period for the IAASB’s proposed sustainability assurance standard ISSA 5000 is a significant milestone, where do we need to go from here?
30 November 2023
In an ever changing world, companies are being asked to disclose more and more information - from digital risks to sustainability performance. Given this challenge, what should happen to encourage straightforward, transparent and consistent corporate reporting that meets investors' needs? This blog considers how rule makers could identify ways to reduce the corporate reporting burden and highlights the importance of regular review and continuous dialogue with key stakeholders across the ecosystem.
[4 July / 2-5pm CET / European Parliament]
As the EU starts to look ahead towards a new legislative term, what would it take to establish a truly inclusive tax system by 2030? PwC Director Jacomien van den Hurk hosted a podcast conversation with guest speakers from the European Parliament, European Commission, and more, to discuss the key features of the tax system that can be designed to help reduce gender inequality. They delved into what policymakers and tax administrations need to do in the next EU legislative period to build a tax system that is gender equal, green, digital and competitive, and the lessons that can be learnt from international best practice.
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PwC regularly engages with the EU institutions through public consultations, events, and by playing a constructive role in the debates shaping Europe’s future.
The Global Public Policy Committee (GPPC) brings together senior partners from the six large international accounting networks (BDO, Deloitte, EY, Grant Thornton, KPMG and PwC).
"Society has a bigger voice right now. Therefore the question is how do we react to that? The profession has to think carefully, working with all the other stakeholders to say, 'Should the rules and regulations be changed around conflicts of interest, expectations gap and things of that nature?'"