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FINANCIAL REPORTING COUNCIL (FRC)
The Financial Reporting Council (FRC) of Nigeria is a federal government agency established by the Financial Reporting Council of Nigeria Act, No. 6, 2011. It is under the supervision of the Federal Ministry of Industry, Trade and Investment.
The FRC is responsible for, among other things, developing and publishing accounting and financial reporting standards to be observed in the preparation of financial statements of public entities in Nigeria; and for related matters
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