Good governance serves as the bedrock for fostering trust, accountability, and transparency, and it’s an area we take incredibly seriously at Johnston Carmichael. Our core value of doing the right thing, is at the heart of our decisions and our behaviours.
Guided by our purpose to create enduring impact for our clients, our people, and the communities in which we live and work, we are committed to our vision of building success stories that change lives, while upholding the highest standards of integrity and transparency.
Transparency Report
We are committed to transparency and to building trust at Johnston Carmichael across all our teams. Our Transparency Report gives a comprehensive overview of our governance, audit operations and commitment to integrity, while also explaining the key role our culture, values and learning and development play in upholding this. It sets out how the firm and the audit practice are governed and includes details on our audit quality processes, independence and principal risks.
Strong corporate governance enables clear decision-making and accountability. At Johnston Carmichael, our structured framework ensures effective oversight, collaboration, and balance across all business functions, adapting to our firm's complexity.
Transparency helps enforce accountability. As a Firm, we openly share our successes and lessons, fostering trust and alignment with our stakeholders.
Risk is part of every business activity. At Johnston Carmichael, we proactively manage risk within our appetite, adapting to regulatory and economic shifts. Built into our governance, our structured approach ensures consistent risk assessment and mitigation.
Ethical behaviour is central to our governance. Guided by the ICAS Code of Ethics, we uphold our duty to act in the public interest. This commitment is reinforced through our Ethics Policy and Code of Conduct, ensuring integrity across our firm.
Our Firm structure
Our firm is governed by the Johnston Carmichael Board, and our audit business line is governed by our Audit Board. This ensures strong leadership and oversight across all operations. Meet our Board members, our non-executives and more on our dedicated Board page.
Our Code of Conduct
Our Code of Conduct sets clear expectations for the behaviours and professional practices of our employees and partners. It’s more than a list of rules, it reflects who we are and how we work, together and with others. This code brings our values and growth mindset into focus, formalising how we apply them across all roles at JC.
Quality
All policies, compliance requirements, and annual returns are approved by the Board before submission. Our CEO, Lynne Walker, and Board member responsible for Quality, Graham Marjoribanks, provide annual assurance in our Transparency Report that our governance controls are robust and appropriate.
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