Auditors need to be aware that the FRC will be watching even in these tough economic times
Auditors working in sectors badly damaged by the economi crisis be warned the Financial Reporting Council will be watching closely to ensure your work continues to stand up to scrutiny.
And that, among other sectors, could mean the auditors of banks.
Advertisement
Just before Christmas the FRC revealed its draft plan for its Audit Inspection Unit, one of the City’s top regulators, in 2009 and 2010. Among the big issues it plans to examine is whether auditors can maintain the quality of their work in a transformed economic environment.
See full Article.
Posts
