Oil giant Shell (SHEL) announced on Wednesday that it will need to refile its financial statements in the U.S. and U.K. after its auditor, Ernst & Young, was found to have violated mandatory rotation ...

Shell will amend its regulatory filings with the US Securities and Exchange Commission for the two years EY had breached the rules, while the FRC said it was aware and reviewing the issue in the UK.

Audit has continued to be in the spotlight with more calls for reform alongside continuing auditing fines, the most recent being KPMG’s audit of ...

The Nigeria Employers’ Consultative Association (NECA) has commended President Bola Ahmed Tinubu on his decision to cap the ...

The Nigeria Employers’ Consultative Association (NECA) has urged the Federal Government to promptly transmit an amendment ...

The guidance aims to facilitate a structured approach for integrating AI tools within audit processes and to clarify ...

G puts a N25 million interim cap on dues payable by private PIEs to ease compliance burdens and ensure regulatory equity.

As risks intensify, Nigeria’s regulatory bodies and other stakeholders have launched an ambitious national effort to close ...

Kindly share this postFederal government has halted the implementation of the controversial turnover-based annual dues imposed by the Financial Reporting Council (FRC) and has introduced a N25 million ...

President Bola Tinubu has officially ordered a temporary suspension of the Financial Reporting Council (FRC) Amendment Act ...

The Federal is addressing stakeholders concern on the Financial Reporting Council (Amendment) Act, 2023 that gives room ...

Tinubu suspends FRC Amendment Act over private sector concerns, mandates interim cap and legislative review for transparency.