Sunday, May 16, 2010

Audit firms need to compete on quality: FRC


FRC releases report on firms' transparency

The UK’s reporting regulator has asked the UK's largest accounting firms to compete on quality, according to a report released moments ago.

The Financial Reporting Council (FRC) has released its review of audit firms’ transparency reports, brought in to make audit firms more transparent about their internal systems and revenues.

See full Article.