Financial Reporting Council Ordinance

An in-depth, annotated guide on Financial Reporting Council Ordinance for anyone requiring expert advice on navigating and understanding the Ordinance

The introduction of the Financial Reporting Council Ordinance and FRC regime and its power affects not only those who are accountants, but also all directors of listed entities. They should be well-versed of the FRC’s functions and the Ordinance. This title provides a complete understanding of the Ordinance and should be on the book shelves of everyone who deals with financial reporting for easy reference.

In-depth analytical commentary on the Ordinance
• Every section of the Ordinance is annotated and thoroughly discussed
• The concise format gives readers exactly what they need to aid their understanding of the Ordinance.

Explores the Financial Reporting Council’s functions and its objectives
• Ability to receive complaints concerning possible auditing and reporting irregularities as well as possible non-compliance with financial reporting requirements in relation to listed entities;
• To investigate possible auditing and reporting irregularities in relation to listed entities;
• To enquire into possible non-compliances with financial reporting requirements by listed entities;
• To require listed entities to rectify any identified non-compliance;
• To refer and provide assistance to other regulators, accountancy bodies and law enforcement agencies.

Written by Richard Keady, Partner, Bird & Bird
• Well-experienced in advising matters on disputes in the banking and financial services, insurance, energy, construction and professional services sectors.