The Financial Reporting Council has published for consultation, in respect of risk management, proposed changes to the UK Corporate Governance Code, guidance for boards of listed companies, and auditing standards: see here (pdf) and here (pdf). The FRC has also published for consultation guidance for bank directors on solvency and liquidity risk management and the going concern basis of accounting: see here (pdf).
Thursday, 7 November 2013
UK: FRC proposes changes in respect of risk management
The Financial Reporting Council has published for consultation, in respect of risk management, proposed changes to the UK Corporate Governance Code, guidance for boards of listed companies, and auditing standards: see here (pdf) and here (pdf). The FRC has also published for consultation guidance for bank directors on solvency and liquidity risk management and the going concern basis of accounting: see here (pdf).
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