Marine & Logistics

FRC

Definition

Financial Reporting Council

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…

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.

✓ Verified term