The Financial Reporting Council (FRC) and the US Public Company Accounting Oversight Board (PCAOB) have extended their cooperation agreement until 31 July 2016.
The partnership between the FRC and the PCAOB encourages collaboration between the two organisations and allows the associations to work together on inspections and exchanges of otherwise confidential information within the global audit market.
A statement by the FRC said the agreement reflects the common objective of seeking improvements to audit quality, protecting investors and promoting efficient capital markets.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData