Brussels, 21/05/2003 (Agence Europe) - In an action plan adopted on Wednesday, the European Commission announces it is to propose a directive on audits and the creation of an Audit Regulatory Committee. Announced after the Enron, Worldcom and Ahold scandals, this action plan aims to reassure markets by improving the exactness of legal auditing and thus prevent conflict of interest.
The Commission hopes the future Community measures will be considered as equivalent rules in the United...