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Listed companies given two-month extension to complete audits

The FCA, the FRC and the PRA also announced a package of temporary relief measures to ease the reporting burden during the coronavirus outbreak

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. 

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