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).
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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