The Financial Reporting Council has published the results of research into the state of audit reporting in the UK, based on a sample of 396 audit reports of FTSE 350 and large AIM companies.
The findings have been summarised as a series of six ‘snapshots’ on various topics including understandability and useability of auditor reports, going concern, and fraud and other irregularities.
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For further information, please contact:
Judy Pink, Linklaters
judy.pink@linklaters.com