Financial Reporting Council and Front office: Difference between pages

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(FRC).  
The part of the treasury function that executes transactions for the cash investment, funding, foreign exchange and risk hedging requirements of the company.  


The regulatory body in the UK that sets, monitors and enforces accounting, auditing and actuarial standards.
The front office is the unit of the treasury which interfaces with the group’s entities or subsidiaries and provides treasury services to, and which interacts most with, the company’s lenders and other financial counterparties.


Its functions also include overseeing the regulatory activities of the professional accountancy bodies regulating audit, and promoting high standards of corporate governance.
== See also ==
* [[Back office]]
* [[Middle office]]


== See also ==
* [[Accounting standards]]
* [[Accounting Standards Board]]
* [[Auditing Practices Board]]
* [[Board for Actuarial Standards]]
* [[Financial Reporting Review Panel]]
* [[Professional Oversight Board]]
* [[UK Corporate Governance Code]]
* [[UK Stewardship Code]]
* [[Conduct Committee]]

Revision as of 14:19, 23 October 2012

The part of the treasury function that executes transactions for the cash investment, funding, foreign exchange and risk hedging requirements of the company.

The front office is the unit of the treasury which interfaces with the group’s entities or subsidiaries and provides treasury services to, and which interacts most with, the company’s lenders and other financial counterparties.

See also


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