Brief

On "08/08/2025", the "Financial Reporting Council (FRC)" issued an update regarding "In Conversation: What’s the difference between statutory audit and assurance?". This podcast episode aimed to clarify the distinction between statutory audit and assurance, two critical components of financial reporting. The FRC provided valuable insights into these essential concepts, shedding light on their roles in maintaining transparency and accountability within businesses and organizations.

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Financial Reporting Council (FRC)

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