Now that the Insolvency Service and business and work and pensions committee are united in their denunciation of the Carillion board ( Carillion board and auditors savaged in scathing report , May 16) and the roles and ethics of its auditors, it is time to grasp a golden opportunity.
We need to create a national Corporate Governance Reporting Council far beyond the thrall of the current Financial Reporting Council.
Corporate governance is so much more than accounting as it focuses on the board, ensuring that all aspects of the continuing health of a business are balanced. This applies as much to governmental and not-for-profit organ…
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