Financial Reporting Council chairman Kelvin Wong. Photo: K. Y. Cheng
Financial Reporting Council chairman Kelvin Wong. Photo: K. Y. Cheng

Hong Kong’s accounting regulator promises to get tough to root out audit failures

  • The Financial Reporting Council (FRC) received 159 ‘pursuable complaints’ about potential audit failures between April and December, up from 36 in the same period of 2020
  • The expanded role of the FRC can help strengthen the confidence of investors, says chairman of the Hong Kong Institute of Securities Dealers

Topic |   Accounting and auditing
Financial Reporting Council chairman Kelvin Wong. Photo: K. Y. Cheng
Financial Reporting Council chairman Kelvin Wong. Photo: K. Y. Cheng
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