Comment deadline for FRC consultation on updates to its Practice Note on The Audit of Banks and Building Societies in the United Kingdom
The Financial Reporting Council (FRC) is consulting on updates to its Practice Note on The Audit of Banks and Building Societies in the United Kingdom. The consultation reflects findings from the FRC’s audit inspection work covering bank audits, which were covered extensively in public reports in June 2018. The comment period closes on 8 March 2019.