FRC publishes responses to 'audit choice' paper
Watchdog draws range of responses to paper on audit competition in UK market
The Financial Reporting Council has published 33 non-confidential responses
to its discussion paper on the question of choice in the UK audit market.
The responses, which can all be
viewed on
the FRC website, include comments from all the Big Four, the accounting
institutes,mid-tier firms and other business and government organisations.
The FRC is planning on holding a stakeholder meeting on 18 September where
these responses together with plans for any necessary further work will be
discussed.
The FRC will issue a summary of the responses prior to this meeting.