The Financial Reporting Council of Nigeria (FRC) has warned audit firms and other assurance service providers who fail to complete their registration before the deadline set for the registration of the National Audit and Assurance Firms Register will not be permitted to operate.
The deadline takes effect from April 1, 2026. In a statement, the council urged all affected firms to complete their registration, advising them to consult the official platforms for verification and compliance information.
It said the directive is issued pursuant to Sections 28, 60 and 61 of the Financial Reporting Council of Nigeria Act No. 6, 2011 (as amended) and the Audit Regulations 2020.
It added that the registration is part of the council’s ongoing efforts to strengthen public oversight, transparency, and confidence in Nigeria’s financial reporting ecosystem.
According to the FRC, the directive is issued pursuant to Sections 28, 60 and 61 of the Financial Reporting Council of Nigeria Act No. 6, 2011 (as amended) and the Audit Regulations 2020, and follows earlier public notices on the registration and classification of audit and assurance firms.
