Marine & LogisticsVerified
FRC meaning in oil and gas
FRC means Financial Reporting Council. Governing body of UK financial reporting and auditing standards. Has authority to conduct investigations into activities of statutory auditors via AIU. Can comment on financial…
Definition
Financial Reporting Council
Governing body of UK financial reporting and auditing standards. Has authority to conduct investigations into activities of statutory auditors via AIU. Can comment on financial statements and request that they are revised.