Independence of auditors
The board is committed to promoting the independence of BT’s external auditors. As a result of regulatory or similar requirements, it may be necessary to employ the external auditors for certain non-audit work.
Policies determining what non-audit services the external auditors can provide are in place to safeguard their independence and objectivity. Under these policies, consultancy work will not be offered to the external auditors unless there are clear efficiencies and value-added benefits to the company.
BT has had an Audit Committee since it was privatised in 1984.