Post Office: Audit
(asked on 17th April 2024) - View Source
Question to the Department for Business and Trade:
To ask His Majesty's Government what discussions they have had with the Financial Reporting Council in relation to external audits of the Post Office.
Answered by
Lord Offord of Garvel
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 1st May 2024
The Post Office Horizon IT Inquiry continues to gather evidence about the Horizon scandal. The Government will consider any lessons learned in respect of audit and other matters once the Inquiry has reported.
We have regular discussions with the Financial Reporting Council (FRC) regarding its regulation of statutory audit, while recognising its role as an independent regulator. The FRC is monitoring developments in relation to the Post Office.