FRC clarifies approach to audit supervision

Released 25 March 2021

The Financial Reporting Council (FRC) has published Our Approach to Audit Supervision, which sets out what firms can expect from the FRC in the course of supervision with a focus on audit quality and firm resilience.

The report can be found at https://www.frc.org.uk/getattachment/db4ef2e0-72f6-4449-bda0-c8679137d1b1/FRC-Approach-to-Audit-Supervision-FINAL.pdf.

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