Guidelines on Sanctions on Auditors issued by FRC on 15 May 2014
The First Schedule of the Financial Reporting Act has been amended and now includes the following entities as Public Interest Entities:
List of Entities Added as PIEs (December 2013)
Main achievements during the year 2012
Annual Report Review: 146 Annual Reports reviewed (including 26 Follow-up reviews)
Audit Practice Review: 42 Licensed Auditors reviewed (including 23 Follow-up reviews)
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