Feedback Statement and Impact Assessment: Discussion Paper - Invitation to Comment: Auditors and Preliminary Announcements
24 October 2017
The Financial Reporting Council (FRC) has today published the results of a consultation on the role of the auditor in preliminary announcements
Overall, feedback suggests that stakeholders are broadly content with current arrangements and the FRC will therefore make only minor amendments to the guidance for auditors, which will be published by the end of November. This includes updating the material to take account of developments in the Listing Rules, corporate governance and reporting and the use of alternative performance measures.