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UK’s FRC approves CIPFA diploma for local audit specialist training

Summary by The Accountant
The Financial Reporting Council (FRC) has designated the Chartered Institute of Public Finance and Accountancy’s (CIPFA) Diploma in Local Audit as a pre-approved local audit specialist training.   This initiative is part of the FRC’s efforts to improve the capacity and capability of the local audit system, ensuring the long-term sustainability of financial reporting and audits for local bodies.  The FRC has revised its guidance to allow individu…
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