Listed companies will have an extra two months to complete their audits, UK regulators announced today, alongside a package of other measures to relieve pressure on businesses during the Covid-19 crisis.
Under the new temporary relief measures, companies can submit their financial statements within six months of their financial year-end instead of within four months, the Financial Conduct Authority, the Financial Reporting Council and the Bank of England’s Prudential Regulation Authority announced on 26 March in a joint statement.