FRC vows to sanction erring auditors, accountants

The Financial Reporting Council has vowed to take action against erring auditors and accountants. The Executive Secretary/Chief Executive Officer of the Council, Dr Rabiu Olowo, said this on Tuesday while presenting a paper titled, ‘Proactive Regulation: A Catalyst For Preventing Audit Failure’ at the Premier Leadership Audit Summit held in Lagos. Highlighting the adverse effects