Accounting Standards

FRC focuses on ARGA transformation in annual report

According to the FRC, it has made significant strides in implementing recommendations from the three independent reviews without legislative backing

The Financial Reporting Council (FRC) has published its annual report 2022/23 highlighting its continued focus this past year on delivering its purpose as an “assertive” regulator driving higher standards, as it progresses towards becoming the audit, reporting and governance authority (ARGA).

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