Accountancy Age, Accountancy Age, Friday 9 July 2010 at 09:45:00

Firm releases findings after surveying its clients

More than half of small businesses want less regulation around audit and compliance, according to a survey carried out by an accounting firm.

Accounting firm Harris Lipman surveyed its clients finding 56 per cent of respondents wanted to see less requirements on audit while 25 per cent said they wanted to see no change.

Senior partner Barry Lewis said: ?While the majority of our clients have stated that the government?s first priority should be to tackle the deficit, concerns about taxation, red tape and bank lending show that the new coalition should continue to do all it can to make life easier for businesses, helping them to create jobs and contribute to the economy as they would like.?

Further reading:

More responsibility, less regulation