FRC consults on proposed amendments to the Audit Enforcement Procedures

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14 Apr, 2023

The Financial Reporting Council (FRC) has published a consultation on amendments to the Audit Enforcement Procedures (AEP).

The FRC is inviting all stakeholders, including audit firms, investors, regulators, and the public, to provide feedback on the proposed amendments to the AEP, which will will be used to inform the final changes.  The FRC would particularly welcome the views of statutory auditors and audit firms and other regulatory bodies, including professional associations.

Comments are requested by 5 May 2023.

A press release and the consultation are available on the FRC website.

Update 20 June 2023 - the FRC's response to the consultation is available on the FRC website.

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