The QCA responded to the FRC's consultation on its draft plan and levy proposals for the upcoming year, arguing that we strongly support the FRC’s initiative to reduce complexity in corporate reporting and note that the 5% increase in the levy will need to be carefully explained to companies, who are also under pressure to cut costs in the economic downturn.
QCA Response to the FRC's Draft Plan and Levy Proposals 2010/11
The QCA responded to the Financial Reporting Council's (FRC) consultation on its draft plan and levy proposals for the upcoming year, prepared in association with the QCA Financial Reporting and Corporate Governance Committees.
