The Financial Reporting Council of Nigeria (FRC) has announced that it will begin enforcement of the National Audit and Assurance Firms Register from April 1, 2026.
In a statement made available to The PUNCH on Monday, the Council said the Register makes it compulsory for all audit firms and other assurance service providers operating in Nigeria to register with the regulator.
The enforcement directive was disclosed in a public statement dated Monday, February 9, 2026. According to the FRC, the move is part of its ongoing efforts to strengthen public oversight, improve transparency, and boost confidence in Nigeria’s financial reporting ecosystem.
The Council explained that the directive was issued pursuant to Sections 28, 60, and 61 of the Financial Reporting Council of Nigeria Act No. 6, 2011 (as amended), as well as the Audit Regulations 2020. It also follows earlier public notices on the registration and classification of audit and assurance firms.
Under the new regime, all statutory audit firms and other assurance service-providing firms are required to either register or update their regulatory profiles with the Council through its official online portal.
The FRC noted that compliance with the Register will now form a critical part of regulatory oversight, reinforcing accountability and professional standards within Nigeria’s audit and assurance sector.
