The European Commission has opened a consultation on corporate reporting, to which ECIIA has given its input.
This initiative on corporate reporting is crucial, as the non-financial information is now as important as financial reporting. Robust corporate reporting should underpin enhancing the internal auditors’ role in internal controls and reliable and effective reporting.
The Three Lines Model, in the context of our response, is key to understanding the organisation’s governance, risk management, audit, and assurance functions.
Read ECIIA’s recommendations and the full answer here.
