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Independent Review of the Financial Reporting Council – Initial consultation on the recommendations

The Financial Reporting Council (FRC) yesterday responded to the publication of the Department for Business, Energy and Industrial Strategy’s (BEIS) consultation.

FRC Chair Sir Win Bischoff yesterday said:

"We welcome this consultation and hope that a diverse range of organisations and individuals respond to it. In line with the consultation document we believe the speedy implementation of the recommendations can help increase public confidence in audit in the UK. We will move forward to implement the agreed proposals as soon as possible."

Further update on BEIS consultation into review of the Financial Reporting Council

FRC Chair Sir Win Bischoff added:

“After five years as Chair of the FRC I will hand over my responsibilities as soon as the appointment of the next Chair becomes effective. Our Deputy Chair, Gay Huey Evans, will retire from that position after seven years at the end of her term of office on 30th April 2019.”

Contact the Press Office

Peter TimberlakeHead of Communications

 

Original article link: https://www.frc.org.uk/news/march-2019/independent-review-of-the-financial-reporting-coun

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