AFRC issues 2022 Annual Investigation and Compliance Report

20 Oct, 2022

The Accounting and Financial Reporting Council (AFRC) today issues its 2022 Annual Investigation and Compliance Report (Annual I&C Report), covering the 12 months from 1 April 2021 to 31 March 2022.

Dr Kelvin Wong, Chairman of the AFRC remarked, “Being the independent regulator of the accounting profession, we spearhead and lead the accounting profession to constantly raise the level of quality of professional accountants, and thus protect the public interest. Our regulatory reports, including this Annual I&C Report, focus not just on information sharing but also on education. This is one of the many ways that the AFRC creates positive ripple impacts in upholding the quality of financial reporting and audits, based on which public confidence in the integrity of the financial market is enhanced.”

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