HMRC umbrella company ‘checking tool’ looms for workers
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The Financial Reporting Council (FRC) has contacted the Big Four firms to ask what contingency plans they have in place to handle audits for clients with offices in China, while ACCA postpones March exams in China.
The regulator has warned that audit firms could face problems with how they complete audits of global audit clients with offices in China due to travel restrictions due to coronavirus.
Read more at the Accountancy Daily.