Risk Management
PWC
Full Credential Description
Frasers Group PLC faced significant challenges during their first year of audit with RSM, particularly due to the complexities introduced by Covid-19, the furlough of employees, and the adoption of IFRS 16. The transition to RSM as their auditors in 2019 was complex, but the RSM team managed it smoothly, demonstrating professionalism and flexibility in tailoring the audit to meet the specific needs of Frasers Group. RSM collaborated closely with Frasers Group to navigate the difficulties posed by the pandemic and the new accounting standards. Their support was particularly valuable in providing technical assistance regarding IFRS 16, ensuring that the audit process maintained high quality despite the challenges. The audit was rigorous and thorough, which instilled confidence in the Board. The RSM team’s ability to coordinate effectively across Frasers Group's global locations, while providing a single point of contact, facilitated a transparent and collaborative relationship. This part