FRC to strengthen auditor reporting requirements….

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The Financial Reporting Council (FRC) has launched a consultation to strengthen auditor requirements to detect and report material misstatements from non-compliance with laws and regulations and to clarify instances auditors should report such breaches, and other significant matters, to the relevant regulators. This … Read More

UK insolvency firms to face formal regulation

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Sky said that the announcement from Whitehall is expected nearly two years after the consultation and that the Department for Business and Trade’s Insolvency Service will introduce measures that will allow both businesses and people to be sanctioned for misbehaviour. … Read More

FRC welcomes new corporate reporting requirements

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These new requirements will boost the resilience of the UK economy, ensuring it continues to attract talent and investment. The Financial Reporting Council (FRC) has welcomed the Government’s publication of the draft statutory instrument on corporate reporting, which strengthens reporting requirements. The new … Read More

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