Financial Reporting Council Audit Regulations – Implications for External Auditors

Course Objectives

Research has consistently demonstrated that when clear goals are associated with learning, it occurs more easily and rapidly.

This course is designed to help you in the following ways:

• Understand in clear terms the role and responsibilities of FRC as it relates to the work of External Auditors.
• Explain FRC’s role as it relates to the preparation and audit of Financial Statements
• Explain FRC’s role as it relates to regulatory Standards
• Explain FRC’s role as it relates its supervision responsibilities
• Describe and evaluate FRC’s enforcement procedures and processes

At the end of the course participants will have a thorough understanding of the roles and responsibilities of FRC as it relates to the works of external auditors