February 5, 2020 / 7:35 AM / 22 days ago

Watchdog plans to speed up investigations into British audit firms

LONDON, Feb 5 (Reuters) - Britain’s accounting watchdog, the Financial Reporting Council (FRC), announced plans on Wednesday for a hiring drive to strengthen its oversight of audit firms.

The FRC said it plans to recruit more than 100 staff including lawyers and forensic accountants to speed up its enforcement investigations. (Reporting by Iain Withers)

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