FRC supports consultation on proposals to tackle local audit backlog
The National Audit Office has also launched a consultation seeking views on changes to the Code of Audit Practice, which sets out how local auditors in England meet their responsibilities under the Local Audit and Accountability Act 2014
The Financial Reporting Council (FRC) is supporting the Department for Levelling Up, Housing and Communities (DLUHC) to engage stakeholders in a consultation launched today (8 February), aimed at tackling the backstop in local audit and reporting.