A question on #Companies #Audit tabled by Mary Glindon on 19-03-2025 has been answered by Justin Madders.

Heading: Companies: Audit
Question ID: 1786225
UIN: 39413
House: Commons
Date tabled: 2025-03-19
Asking Member ID: 4126
Asking Member display name: Mary Glindon
Asking Member handle:
Asking Member Twitter reference: Mary Glindon
Member interest: false
Question text: To ask the Secretary of State for Business and Trade, if he will take steps to require the largest (a) public and (b) private companies to have (i) an Audit Committee and (ii) an internal audit function, in the context of the collapse of ISG.
Is named day: true
Date of holding answer:
Date answered: 2025-03-24
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4418
Answering Member display name: Justin Madders
Answering Member handle: justinmadders
Answering Member Twitter reference: @justinmadders
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: Companies whose securities are traded on the main market of the London Stock Exchange and banks, building societies and insurers are required to have an audit committee. Other private companies are not required to have an audit committee, but may choose t...
Original answer text:
Comparable answer text:
Answering body ID: 214
Answering body name: Department for Business and Trade
Tweeted: true