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FRC to propose policy direction to tackle council accounts backlog

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The Financial Reporting Council (FRC) is “very close” to proposing “a broad policy direction” to the government, aimed at helping solve the local authority

Backstop dates and disclaimers, the appearance of the asset ceiling, local government reorganisation, simplification of accounts. Stephen Sheen assesses an eventful 2024 in the world of audit and accounts, and looks at what might happen next.

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