The Financial Reporting Council today published updated principles in respect of the operational separation of the audit practices of the Big 4: see here (pdf). The FRC also confirmed that, having reviewed these firms' implementations plans, it was content for them to move to the next stage of implementation: see here.
Tuesday, 23 February 2021
UK: FRC updates its principles for the operational separation of the audit practices of the ‘Big 4’
The Financial Reporting Council today published updated principles in respect of the operational separation of the audit practices of the Big 4: see here (pdf). The FRC also confirmed that, having reviewed these firms' implementations plans, it was content for them to move to the next stage of implementation: see here.
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