Read
Andrea Williams' latest Brexit blog on how the auditors
will cope, should the UK leave the EU without a deal.
There's still little else on the UK news agenda other than
Brexit, and speaking to my colleagues here at Intertrust, it's
a situation replicated across Europe. As a truly global
organisation, we're fortunate that our multi-jurisdictional
presence means Brexit will have little impact on day-to-day
operations and we're also working to ensure that our clients
can continue to operate seamlessly regardless of the outcome of any
future votes.
One of the issues under consideration that Sue Abrahams, UK Head
of Client Accounting has been raising, is how UK plcs with notes
listed on the Irish stock exchange, will be audited. To date,
passporting has meant that UK auditors can sign off accounts for
these companies, and the EU and UK have agreed that the transition
period will ensure this protocol continues. However, should the UK
leave without a deal, the