{"id":2214,"date":"2020-11-30T06:56:53","date_gmt":"2020-11-30T06:56:53","guid":{"rendered":"https:\/\/goc2020.govmu.org\/24032021_frc\/?page_id=2214"},"modified":"2025-05-22T05:22:17","modified_gmt":"2025-05-22T05:22:17","slug":"laws-and-regulations","status":"publish","type":"page","link":"https:\/\/frc.govmu.org\/frc\/?page_id=2214","title":{"rendered":"Laws and Regulations"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2214\" class=\"elementor elementor-2214\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b5fb0ec elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b5fb0ec\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-211dd39\" data-id=\"211dd39\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9607b84 elementor-widget elementor-widget-text-editor\" data-id=\"9607b84\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Laws and Regulations<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9307ed1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9307ed1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-38e13c4\" data-id=\"38e13c4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-84ff925 elementor-widget elementor-widget-text-editor\" data-id=\"84ff925\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>The Financial Reporting Act:<\/strong><\/p>\n<ul>\n<li><span style=\"font-size: 16px; font-style: normal; font-weight: 400;\">The Financial Reporting Act 2004 (Amended 2025) &#8211;&nbsp;<\/span><a style=\"font-size: 16px; font-style: normal; font-weight: 400; background-color: #ffffff;\" href=\"https:\/\/frc.govmu.org\/frc\/wp-content\/uploads\/2025\/05\/Financial-Reporting-Act.docx\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 16px; color: #139ff0;\">Read More<\/span><\/a><\/li>\n<li><span style=\"font-size: 16px; font-style: normal; font-weight: 400;\">The Financial Reporting Act 2004 (Amended 2022) &#8211;&nbsp;<\/span><a style=\"font-size: 16px; font-style: normal; font-weight: 400; background-color: #ffffff;\" href=\"https:\/\/frc.govmu.org\/frc\/wp-content\/uploads\/2023\/06\/Financial-Reporting-Act.doc\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 16px; color: #139ff0;\">Read More<\/span><\/a><\/li>\n<li>The Financial Reporting Act 2004 (Amended 2020) &#8211; <a href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/THE-FINANCIAL-REPORTING-ACT-2004-Amended-2020.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #139ff0;\">Read More<\/span><\/a><\/li>\n<li>The Financial Reporting Act 2004 (Amended 2018) &#8211; <span style=\"color: #139ff0;\"><a style=\"color: #139ff0;\" href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/THE-FINANCIAL-REPORTING-ACT-2004-Amended-2018.pdf\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/span><\/li>\n<li>The Financial Reporting Act 2004 (Amended 2017) &#8211; <span style=\"color: #139ff0;\"><a style=\"color: #139ff0;\" href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/Financial-Reporting-Act-2004-Amended-2017.doc\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/span><\/li>\n<li>The Financial Reporting Act 2004 (Amended 2016) &#8211; <span style=\"color: #139ff0;\"><a style=\"color: #139ff0;\" href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/The-Financial-Reporting-Act-2004-Amended-in-2016.doc\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/span><\/li>\n<li>The Financial Reporting Act 2004 (Amended 2013) &#8211; <span style=\"color: #139ff0;\"><a style=\"color: #139ff0;\" href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/The-Financial-Reporting-Act-2004-with-changes-brought-in-December-2013.doc\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/span><\/li>\n<li>The Financial Reporting Act 2004 (Amended 2012) &#8211; <span style=\"color: #139ff0;\"><a style=\"color: #139ff0;\" href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/Financial-Reporting-Act-2004-Amended-2012.doc\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/span><\/li>\n<li>The Financial Reporting Act 2004 (Amended with the Finance Act 2009) &#8211; <span style=\"color: #139ff0;\"><a style=\"color: #139ff0;\" href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/The-Financial-Reporting-Act-2004-Amended-with-the-Finance-Act-2009.doc\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/span><\/li>\n<\/ul>\n<p><strong>Amendments to the Financial Reporting Act:<\/strong><\/p>\n<ul>\n<li>Amendments to the Financial Reporting Act 2004 &#8211; The Finance Act 2008 &#8211; <span style=\"color: #139ff0;\"><a style=\"color: #139ff0;\" href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/FRAct2008.pdf\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/span><\/li>\n<li>Amendments to the Financial Reporting Act 2004 &#8211; The Finance Act 2007 &#8211; <span style=\"color: #139ff0;\"><a style=\"color: #139ff0;\" href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/FRAct2007.pdf\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/span><\/li>\n<li>Amendments to the Financial Reporting Act 2004 &#8211; The Finance Act 2006 &#8211; <span style=\"color: #139ff0;\"><a style=\"color: #139ff0;\" href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/FRAct2006.pdf\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/span><\/li>\n<\/ul>\n<p><strong>Regulations under the Financial Reporting Act:<\/strong><\/p>\n<ul>\n<li>Regulations under Sections 41A and 86 of the Financial Reporting Act &#8211; GN 64 of 2017 (Rotation of Audit Firm) &#8211; <span style=\"color: #139ff0;\"><a style=\"color: #139ff0;\" href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/Regulations-under-Sections-41A-and-86-of-the-Financial-Reporting-Act-scaled.jpg\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/span><\/li>\n<li>Regulations under Section 86 of the Financial Reporting Act &#8211; GN 249 of 2016 (First Schedule of FRA: Definition of Public Interest Entity) &#8211; <span style=\"color: #139ff0;\"><a style=\"color: #139ff0;\" href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/Regulations-under-Section-86-of-the-Financial-Reporting-Act-scaled.jpg\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/span><\/li>\n<li>Penalty Regulations 2020 &#8211; <a href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/Penalty-Regulations-2020.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #139ff0;\">Read More<\/span><\/a><\/li>\n<\/ul>\n<p><strong>Statutory Bodies (Accounts and Audit) Act Amended<\/strong> &#8211; <span style=\"color: #139ff0;\"><a style=\"color: #139ff0;\" href=\"\/24032021_frc\/wp-content\/uploads\/2020\/11\/Penalty-Regulations-2020.pdf\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Laws and Regulations The Financial Reporting Act: The Financial Reporting Act 2004 (Amended 2025) &#8211;&nbsp;Read More The Financial Reporting Act 2004 (Amended 2022) &#8211;&nbsp;Read More The Financial Reporting Act 2004 (Amended 2020) &#8211; Read More The Financial Reporting Act 2004 (Amended 2018) &#8211; Read More The Financial Reporting Act 2004 (Amended 2017) &#8211; Read More &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/frc.govmu.org\/frc\/?page_id=2214\"> <span class=\"screen-reader-text\">Laws and Regulations<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2214","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/frc.govmu.org\/frc\/index.php?rest_route=\/wp\/v2\/pages\/2214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/frc.govmu.org\/frc\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/frc.govmu.org\/frc\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/frc.govmu.org\/frc\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/frc.govmu.org\/frc\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2214"}],"version-history":[{"count":15,"href":"https:\/\/frc.govmu.org\/frc\/index.php?rest_route=\/wp\/v2\/pages\/2214\/revisions"}],"predecessor-version":[{"id":3754,"href":"https:\/\/frc.govmu.org\/frc\/index.php?rest_route=\/wp\/v2\/pages\/2214\/revisions\/3754"}],"wp:attachment":[{"href":"https:\/\/frc.govmu.org\/frc\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}