FRC Inaugurates Audit Regulation Working Group

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The Financial Reporting Council of Nigeria (FRC) yesterday inaugurated its Audit Regulation Working Group.

The group is saddled with the responsibility of improving audit quality in the country which is expected to enhance economic growth.

Membership of the Group and subject matter experts were drawn from the Office of the Auditor General for the Federation, the Federal Ministry of Justice, Forum of Small and Medium-sized Audit Practitioners, Nigerian Accounting Association, the Securities and Exchange Commission, Federal Ministry of Trade and Investment, Association of National Accountants of Nigeria, the Institute of Chartered Accountants of Nigeria as well as some international and national accounting firms.

Speaking during a meeting of members of the Group in Lagos, the Executive Secretrary/Chief Executive Officer of the FRC, Mr. Daniel…



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