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Auditors rapped for double standards over lack of diversity

The regulator said the lack of diversity was ironic given that auditors are recruited by large corporations to help them improve their inclusion strategies

Accountancy firms advising large companies on diversity initiatives have been scolded by the UK’s auditing watchdog for not having enough women, ethnic minorities and disabled people in decision-making positions.

The Financial Reporting Council said in a statement on October 21 that “the audit and accountancy profession is lagging behind business when it comes to the diversity of senior management”, with the majority of top roles still held by white men.

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