![](https://www.mnnofa.com/wp-content/uploads/2022/05/audit-reforms-aim-to-prevent-accounting-scandals.jpg)
Meanwhile, rules for small businesses will be relaxed as the government said they could be “forcing too many of Britain’s smallest businesses to spend time and money preparing accounts to a level of detail only needed for larger companies, distracting them from focussing on growth and creating jobs. “
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