Financial Services Financial Services

Report financial risks transparently amid economic uncertainty, UK audit watchdog says

By Phoebe Seers
  • 02 Nov 2022 14:34
  • 02 Nov 2022 14:34
Businesses should stress transparency in reporting the risks they face in the current period of economic upheaval, the UK’s audit watchdog cautioned today. 
The Financial Reporting Council recently criticized some of the largest UK companies over mistakes in their financial reports (see here). 

In a webinar today to discuss

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Phoebe Seers

Correspondent


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

Discover MLex

Stay on top of global regulatory developments

Latest News