Plans for ARGA audit regulator due by end March
Released 06 February 2020
The government has confirmed that it will replace the Financial Reporting Council (FRC) with a powerful new audit regulator as soon as parliamentary time is available.
The Audit, Reporting and Governance Authority (ARGA) will replace the FRC, and is definitely on the government’s agenda, despite widespread concerns across the profession that it could be delayed.
The Department for Business, Enterprise and Industrial Strategy (BEIS) will give a clearer indication of its plans for ARGA by the end of March.
For further details, read the story by Sara White on Accountancy Daily.