The message, coming as part of the Final Report of the Co-ordinating Group on Audit and Accounting Issues, in which a call was made to the European Union to adopt international accounting standards into European law as soon as possible.
The call is a clear signal to the EU that the UK wants to see no wavering from the plan to switch fully to international accounting standards by 2005.
Simon Wright of CareersinAudit.com discusses how an effective cyber defence force is critical to businesses worldwide and how internal auditors can make the transition to a new career in cyber security
The FRC has said that the investigation will 'consider, but not be restricted to, issues regarding misstated accounting balances'
Craig Maxwell joins the audit and assurance team in Scotland
Stephen Grayson to join the audit department in Manchester