Key Findings from the FRC's 2021 Audit Quality Review
Category: Audit | Duration: 1hr | Tag: VODUK2233| Type: Video | Speaker: Claire Thomson
In May 2022, the FRC published its annual Audit Quality Review, looking at the audit files of 30 entities audited by the largest 7 audit firms in the UK.
This video analyses the key areas of focus for the Regulator, and the areas where audit files were found to be in need of improvement. Claire and Lindsay examine the most common of these, and look at what these findings might mean for the audit of SMEs in 2022.
In this session Claire Thomson has covered the following:
By purchasing this video, auditors will have a clearer understanding of the key areas for improvement on audit files, and the areas that will be of focus for the FRC in the forthcoming year.
Claire Thomson