FRC Issues Audit Guidance for Engagements Affected by COVID-19


The FRC has published updated and useful guidance on audit engagements impacted by COVID-19. Some companies and auditors are continuing to face practical difficulties in preparing accounts and carrying out audits. Given possible restrictions on travel, meetings and access to company sites, audit firms may need to apply alternative audit procedures to gather sufficient, appropriate audit evidence. To read more on this please click here.