Mazars UK has launched an Audit Committee and
Investor Dialogue centre intended to improve dialogue between FTSE
350 audit committee chairs and investors.
The project was launched in collaboration with
investment groups Hermes Fund Managers, RPMI Railpen Investments
and USS.
Mazars UK said the centre will provide regular
opportunities for discussion between audit committee chairs and
leading institutional investors on topics of mutual
interest.
“Where helpful, a short report on issues
discussed and emerging views will be made available to all FTSE350
audit committee chairs,” Mazars said.
“It is envisaged that in its first year
the centre will focus on a range of topics such as developing more
effective communication between audit committees and investors;
risk management and internal audit; protecting auditor
independence; audit tendering; and ensuring the annual report is an
effective communication channel.”