Restoring Trust

Restoring Trust

Audit has a key role to play in restoring trust in business. Engage with us as we help to shape the future of corporate reporting.

Audit has a key role to play in restoring trust in business.

Businesses, governmental organisations, charities and enterprises of all shapes and sizes have an important role to play in fostering sustainable growth, investment and job creation. Their success affects all of our futures. 

That success depends partly on trust. The trust of those that provide capital, resources or labour. The trust of customers. The trust in those that govern organisations and of those that regulate them. Ultimately the trust of society. Trust is a precious thing, particularly in difficult times: easily lost and hard to restore.

I believe that corporate reporting and audit has an important role to play in restoring trust. That is why we field tested audit reports that went beyond current requirements; audit reports that do not just say what we did in the risk areas, but also say what we found. In response to the positive feedback we received, including from our Restoring Trust articles, KPMG in the UK has announced that we are now offering audit reports that include findings more widely. You can read more in our public statement, “Sharing audit insights – our approach to reporting our findings” (PDF 338KB).

Take a look at our new approach and at the other Restoring Trust articles and tell us what you think. By doing so, you will help shape the future of audit and of corporate reporting.

Tony Cates - Partner and Head of International Markets & Government, KPMG in the UK

Connect with us

KPMG’s new-look website

KPMG in the UK has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.

Enhancing audit quality

Guy Bainbridge, Jonathan Bingham, Hugh Green and David Littleford share views on the meaning, measurement and improvement of audit quality.

 
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(Re)Shaping Stewardship

Is the traditional corporate stewardship model broken? Views from our professionals on stewardship in today's business world.

 
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Sharing audit insights

“I believe that we need to take these brave steps to shape the future of corporate reporting”

 
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Re-thinking the role of the Annual Report

“I believe that we need to broaden the debate on the future of business reporting to encompass areas beyond the financial statements”

 
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Audit reports: Field testing a bold idea

“I believe that all audit reports should give the auditor’s findings”

 
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Audit committee effectiveness

“Meaningful, investor-driven disclosure on how audit committees discharge their responsibilities will improve AC effectiveness”

 
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The KPMG survey of business reporting

Is the historical focus of today’s annual reports driving short term decision making?

 
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Better Business Reporting

Providing investors with a longer term perspective on business performance.

 
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The value of audit

Watch highlights from our series of international roundtables

 
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Restoring trust archive

All of our Restoring Trust topics to date

 
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