FRC publishes a guide on financial reporting for smaller listed and AIM companies
The Financial Reporting Council (FRC) together with the Chartered Institute of Accountants have recently published a guide to help improve financial reporting within smaller listed and AIM quoted companies.
It is specifically aimed as a guide for Audit Committee members and provides top tips for the members to consider and ask themselves (including questions which should be put to the external auditors and the management team) during each of the following stages:
• Planning the audit
• Production of interim and annual reports
• Review of performance
• Formulating an action plan for next year
For the full report and more information click here.