Comment deadline for FRC consultation on strengthening both ISA (UK) 250 Section A and ISA (UK) 250 Section B.
The Financial Reporting Council (FRC) has launched a consultation to strengthen auditor requirements to detect and report material misstatements from non-compliance with laws and regulations and to clarify instances auditors should report such breaches, and other significant matters, to the relevant regulators. Comments are requested by 12 January 2024.