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UK Corporate Governance: Turning Compliance Into a Strategic Advantage

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Insight into how the UK Corporate Governance Code reforms impact organisations
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New findings on how audit leaders and executives plan to implement changes
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Opportunities to drive strategic transformation through the new reforms
UK Corporate Governance: Turning Compliance Into a Strategic Advantage

What's inside

The latest updates to the UK Corporate Governance Code are set to go into effect on January 1, 2025 — and organisations are taking note. 88% of professionals stated that conformance with the updated Code is a high priority in 2024. Organisations must be prepared to comply with the new standards, even while managing the necessary internal changes to achieve conformance.
In a groundbreaking new report, “UK Corporate Governance: Turning Compliance into a Strategic Advantage,” AuditBoard and Ascend2 Research surveyed 265 audit, risk, and compliance professionals to understand how their organisations are approaching the reforms. The research highlights the importance of a strategic approach to conformance and demonstrates how organisations can gain a competitive advantage with successful and timely execution.
Read the report to discover key findings, including:
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Trends in how internal audit leaders and other stakeholders prioritise conformance
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An examination into gaps in prioritisation and confidence surrounding conformance.
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A look into the widespread use of AI in risk and control programmes
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The impacts of increased workloads and resource allocation due to the new reforms
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