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Financial Reporting

FRC Sets April 1 Audit Registration Deadline

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The Financial Reporting Council (FRC) of Nigeria has established a firm April 1, 2026, deadline for the compulsory registration of all audit and assurance firms operating within the country. This regulatory directive is a critical move to enhance the verifiability of results and ensure that the “infrastructure of distribution” for financial data adheres to the […]

FG tasks Financial Reporting Council on accounting standards

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The Federal Government has urged the new Executive Secretary of the Financial Reporting Council of Nigeria (FRCN), Alhaji Adamu Ahmed, to enhance accounting standards in accordance with its Act. Otunba Adeniyi Adebayo, Minister of Industry, Trade and Investment, while inaugurating the executive secretary on Thursday in Abuja, urged the FRCN to achieve its mandate as […]