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FRC Consultation on reforms to the Audit Enforcement Procedure

United Kingdom - August 5 2021 On 22 July 2021, the Financial Reporting Council (FRC) launched its long-awaited consultation on reform to the Audit Enforcement Procedure (AEP). The…

Tim Crockford, Andrew Forsyth, Penrose Foss, James Roberts

White Paper Bulletin 3 - new corporate reporting - brave new world?

United Kingdom - April 29 2021 Section 3 of the White Paper promotes the introduction of a new and expanded regime for corporate reporting by public interest…

Tim Crockford, Andrew Forsyth, Penrose Foss, Simon Konsta, Tabitta van Nouhuys, James Roberts

FRC investigations: navigating a safe course in protecting legal professional privilege

United Kingdom - June 18 2020 A common theme of FRC investigations is the requirement to produce documents under Rule 9 of the Audit Enforcement Procedure ("AEP"). Documents maybe…

Tim Crockford, James Roberts

COVID-19: Audit in the shadow of the coronavirus

USA - March 31 2020 In the context of the Covid-19 pandemic, the Financial Reporting Council (FRC) together with the Financial Conduct Authority (FCA) and Prudential…

Tim Crockford, Andrew Forsyth, James Roberts

Is this #MeToo and more for audit firms?

United Kingdom - August 12 2019 Whilst the global conversation continues about the rising number of reports of sexual harassment inside and outside the workplace, scrutiny of how…

James Roberts