DTI extends audit exemptions to mortgage brokers

The DTI has introduced three sets of regulations extending the option to prepare and distribute summary financial statements from listed companies to all companies that have had their accounts audited. They also ensure companies preparing their accounts in accordance with International Financial Reporting Standards can continue to use summary financial statements. The regulations include certain limited simplifications for specific categories of small company, exempting insurance and mortgage brokers from staturtory audit. But the regualtions do not extend to investment IFAs. The Fina...