Thursday, 31 January 2013

UK: FRC consults on implementation of several Sharman Inquiry recommendations

The Financial Reporting Council has published a consultation paper setting out proposed revisions to its guidance on going concern and to the International Standards on Auditing (UK and Ireland): see here (pdf). The revisions follow recommendations made in the final report of the Sharman Panel of Inquiry that was published last year (see here, pdf).

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