US EditionFRC report highlights key issues in NHS audit market
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BizTocFRC report highlights key issues in NHS audit market
The Financial Reporting Council (FRC) has released a report on the NHS audit market, providing insights to aid the government’s efforts in reforming the local audit system. The study, initiated in July 2024, responds to the challenges faced by NHS bodies in maintaining auditor relationships. The FRC’s investigation into the audit market for NHS providers and Integrated Care Boards (ICBs) in England indicated that, although the market functions m…
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