Monday 7 December 2015

UK: FRC consultation - revising the Audit Firm Governance Code

The Financial Reporting Council has published a consultation paper setting out proposed revisions to the Audit Firm Governance Code, following an earlier consultation this year: see here (pdf). Amongst the proposals put forward by the FRC is a restatement of the Code's purpose. Appendix 1 of the consultation document contains the revised version of the Code being proposed by the FRC.

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