Tag Archives: Brexit

FRC Planning for Brexit

SHARE: As work continues to transition the United Kingdom’s Financial Reporting Council (FRC) into the new Audit, Reporting and Governance Authority (ARGA), the FRC presented its Annual Report to Parliament on September 5, 2019. Its report contains many informative sections including the final reports from Chairman Winfried Bischoff and Chief Executive Officer Stephen Haddrill, and…

UK Accountants Face Brexit and ARGA

SHARE: The British accounting profession not only is facing Brexit, but also a reconfiguration of its regulator. UK accountants who practice in European Economic Area (EEA) countries are being warned that without a Brexit deal they will need to contact the “competent authority” in that country to see if their UK qualifications will continue to…

Brexit May Speed Reciprocity

State Board Report April 2017 UK Prime Minister Theresa May’s sending a letter to the European Council President on March 29 informing him of the UK’s intention to leave the EU may hold some special significance for CPAs who want to practice internationally as well as State Boards. President Ken Bishop told the Executive Directors…