APB

“The average SME finance director has no time to read proposals from the FRC, if they have indeed heard of the FRC,” admitted Roger Marshall, interim chairman of the Accounting Standards Board (ASB

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The Auditing Practices Board (APB) recently published its compendium, ‘Standards and Guidance 2012’, which sets out amendments to ethical standards that were issued in December 2011.

The APB and FRC have issued revisions to the rules governing ethical standards for auditors.