The Financial Reporting Council of Nigeria (FRC/Council) extends this notice to all stakeholders, especially professional accountants, audit firms, professionals engaged in the financial reporting process, and Public Interest Entities (PIEs), regarding their statutory obligations under the Financial Reporting Council of Nigeria Act No. 6, 2011 (as amended) (hereinafter referred to as “the FRC Act”) and the Audit Regulations 2020.
Sections 33 (1a, b, c & d), 41 (2), 77, of the FRC Act and Regulation 3 and 14 of the Audit Regulations 2020 underscore the requirement for entities/firms registration and the payment of annual dues.
Please click here to view or download the Public Notice on the Registration of Auditors, Audit Firms, Audit Committee Members and Other Assurance Services Providers in Nigeria and Payment of Annual Dues