Greg Clark, the business secretary, recently confirmed that he would implement the recommendations of the Kingman review, in which Sir John Kingman pointed at a string of calamitous corporate audits that had led him to conclude that the FRC‎ was not fit for purpose and should be replaced by a new body called the Audit, Reporting and Governance Authority (ARGA).

As part of our popular Accountant's Update Pathway 2019, Alan recently recorded a podcast interview with Brian Palmer, AAT Past President and tax policy advisor. During the interview they discussed the audit crisis and Brian had some interesting thoughts on the issues involved.

You can listen below or download to listen later: