United Kingdom

Restoring Trust 

Restoring Trust

Business (big and small), 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. And ultimately the trust of society. Particularly in difficult times, trust is a precious thing: easily lost, and hard to restore.

 

I want these pages to be a home for both conversation and debate. A space where interested voices can share views about stewardship, trust and what needs to change to restore it. I want to create an environment in which sustainable enterprise can flourish.

 

Corporate reporting in its widest sense has an important role to play in restoring trust. There is a groundswell of opinion that things aren’t quite right. But it’s not enough to acknowledge it. I believe that it’s time for change.

 

To achieve change, we need a consensus for action, and therefore a debate. A debate about how corporate reporting should be made fit for the business models and communication platforms of the next century. A debate about how audit and assurance can be directed to what matters to stakeholders. A debate about how to restore trust.
 
Take a look at the articles and engage with us in this debate. I am personally committed to achieving positive change. The time is right for us to ask difficult questions, to find consensus among stakeholders and to get buy-in from those with the power to implement solutions.

 

Tony Cates - Head of Audit at KPMG in the UK

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Tony Cates

Tony Cates

Head of Audit

KPMG in the UK

020 7311 8791

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Video: KPMG's New Audit Report

Video: KPMG's New Audit Report

 

Following the changes stipulated by the FRC in June 2013 in regard to the Independent Auditor’s Report on Financial statements, KPMG have produced a short video animation to support the New Audit Report proposition and KPMG’s ‘first in the market’ lead position.

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Read all our audit-related articles on the KPMG blog and share your views