The Financial Reporting Council is shifting resources towards developing
international standards and cross-border regulatory cooperation.
In its final version for planning and budgeting over the next year, FRC chief
executive Paul Boyle said the body had responded to stakeholder views, which
involved more international focus and further responsibilities relating to the
‘Our final plan reflects the feedback we have received from our stakeholders
on the draft plan we published in December 2005,’ said Boyle.
The council will also look to lead debate on issues affecting confidence in
corporate reporting and governance, while monitoring both subjects.
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
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Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group