The U.K. Financial Reporting Council said companies should consider delaying all non-essential corporate reports for the next two weeks, after the Financial Conduct Authority
The U.K. audit regulator said it supports the FCA’s request and also encourages listed companies and auditors “to consider carefully whether they should delay other corporate reports for the next two weeks, such as interim financial statements and final audited financial statements, except where necessary to meet a legal or regulatory requirement,” according to an emailed statement on Monday.
More than 50 firms were scheduled to publish half and full-year figures over the next two weeks, including house-builder
The FRC will soon announce measures it’s working on with the FCA and the
“Recent unprecedented events mean that the basis on which companies are reporting and planning is changing rapidly. It is important that due consideration is given by companies to these events in preparing all reporting,” the FRC said.
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