News on listed entities and their auditors/reporting accountants
||As one of its work sources, the Financial Reporting Council (FRC) follows the news of listed entities and their auditors/reporting accountants to identify cases of possible:
||If it appears that there are possible auditing/reporting irregularities and/or non-compliance with accounting requirements, the full set of the financial statements will be reviewed under the risk-based financial statements review programme (please refer to the section ‘Risk-based financial statements review programme’ for further details). However, if it appears that there is no indication of possible auditing irregularities and/or non-compliance with accounting requirements, the FRC may conclude that no further follow-up action is necessary.
Page last updated: 21 January 2016