Smith report on audit committees - a summary | AccountingWEB

Smith report on audit committees - a summary

In September 2002 the Financial Reporting Council (FRC) established a committee headed by Sir Robert Smith to develop the existing guidance for audit committees. The report of the Smith committee was submitted to the FRC in December 2002 and published in January 2003. The FRC intends to issue a revised version of the Combined Code following a short period during which commentators are invited to identify any "fatal flaws" in the proposals.


» Register now

The full article is available to registered AccountingWEB members only. To read the rest of this article you’ll need to login or register.

Registration is FREE and allows you to view all content, ask questions, comment and much more.