The Financial Reporting Council (FRC) of Nigeria will commence the registration of all Statutory Audit Firms and Other Assurance Services Providers in Nigeria from 15 September 2022 in keeping with the Provisions of the FRC Act, 2011, and Audit Regulations 2020.
In a Press Release issued in Lagos on Monday 12 September 2022, the Council categorised the affected entities into four (4) broad groups: Big Firms (having 10 or more partners); Medium Firms (having 4 to 9 partners); Small Firms (having 1 to 3 partners); and Other Assurance Services Providers.
See Press Release for FULL STORY