Monday, 25 February 2019
UK: Brexit - BEIS/FRC 'no deal' letters for auditors and accountants
The Department for Business, Energy and Industrial Strategy and Financial Reporting Council have published advice letters for auditors and accountants explaining the regulatory consequences of the UK's department from the European Union without a withdrawal agreement: see, respectively, here (pdf) and here (pdf). Brief information has also been published regarding the way in which International Accounting Standards will be endorsed within the UK following the UK's exit from the UK: see here.
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