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ACRA Publishes Financial Reporting Surveillance Programme (FRSP) Report and Directors' Guide

The Accounting and Corporate Regulatory Authority (ACRA) has published the latest Financial Reporting Surveillance Programme (FRSP) report. Accompanying this report is a Directors' Guide (a FAQs document) to address questions about directors' roles and responsibilities regarding true and fair financial statements under the Companies Act. The guide also covers ACRA's FRSP and directors’ roles and responsibilities in the FRSP process.

Both documents can be accessed here.