August 8, 2022

The Executive Secretary/CEO, Financial Reporting Council (FRC) of Nigeria, Ambassador Shuaibu Adamu Ahmed addressing distinguished members of the Senate Committee on Trade & Investment during the Committee’s oversight visit to the Council recently.

L-R: Chairman, Senate Committee on Trade & Investment, Senator Francis Adenigba Fadahunsi and the Executive Secretary/CEO, Financial Reporting Council (FRC) of Nigeria, Ambassador Shuaibu Adamu Ahmed during the oversight visit by the Committee to the Council in Lagos recently

Read more ...
February 5, 2019

FILING REQUIREMENTS AND FINANCIAL OBLIGATIONS OF ENTITIES AND PROFESSIONALS UNDER THE FRC ACT

As part of the efforts to promote sound financial reporting and corporate governance in Nigeria, the Financial Reporting Council of Nigeria wishes to reiterate and draw the attention of all stakeholders, especially preparers and auditors of financial statements of Public Interest Entities (PIEs) in Nigeria, to the filing requirements and financial obligations of entities and professionals under the Financial Reporting Council of Nigeria Act No. 6, 2011 (hereinafter referred to as “the FRC Act”). In particular, Sections 8 (1) (d), 8 (1) (n), 33 (1a, b & c), 41 (2), 58 (3) and 77; as well as the Circular from the Secretary to Government of the Federation (SGF), Ref. No. SGF/OP/I/S.3/IX/547:

Read More

Read more ...
August 19, 2018

L-R: Chairman, Senate Committee on Trade & Investment, Senator Francis Adenigba Fadahunsi; Executive Secretary/CEO, Financial Reporting Council (FRC) of Nigeria, Ambassador Shuaibu Adamu Ahmed; Member, Senate Committee on Trade & Investment, Senator Tolu Adebiyi; and Director, Directorate of Accounting Standards (Public Sector), FRC, Dr. Iheanyi Anyahara during the Committee’s oversight visit to the FRC head office in Lagos recently.

Read more ...
August 1, 2018

The Executive Secretary/CEO, Financial Reporting Council (FRC) of Nigeria, Ambassador Shuaibu Adamu Ahmed addressing distinguished members of the Senate Committee on Trade & Investment during the Committee’s oversight visit to the Council recently.

L-R: Chairman, Senate Committee on Trade & Investment, Senator Francis Adenigba Fadahunsi and the Executive Secretary/CEO, Financial Reporting Council (FRC) of Nigeria, Ambassador Shuaibu Adamu Ahmed during the oversight visit by the Committee to the Council in Lagos recently

Read more ...
December 29, 2022

FRC Guidance on Management Report on Internal Control over Financial Reporting ICFR-1

Download the guidance here

Read more ...
December 29, 2022

FRC GUIDANCE ON ASSURANCE ENGAGEMENT REPORT ON INTERNAL CONTROL

Download the guidance here

Read more ...
December 29, 2022

FRC GUIDANCE ON ASSURANCE ENGAGEMENT REPORT ON INTERNAL CONTROL

Download the public notice here

Read more ...
December 28, 2022

RULE 11: RESTRICTION OF AUDITOR’S LOGO BRAND AND OTHER FORMS OF IDENTITIES IN THEIR CLIENTS’ ANNUAL FINANCIAL REPORTS

Download the public notice here

Read more ...