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Brief
On 12/12/2024, the Financial Reporting Council (FRC) issued an update regarding FRC publishes emerging findings from NHS audit market study. The report outlines feedback received to the FRC's Invitation to Comment and engagement with NHS bodies, highlighting issues in the procurement processes used for external audit within the NHS. The FRC invites stakeholders to provide further input by emailing [email protected] by 6 February 2025.
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