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Ofcom to investigate Royal Mail’s compliance with USP accounting and auditing … – Post and Parcel

Ofcom to investigate Royal Mail's compliance with USP accounting and auditing …Post and ParcelIn more specific terms, Ofcom will consider: “Whether Royal Mail has complied with its obligations under USP Accounting Condition (“USPAC”) 1.3.4, 1.4.4 and 1.5.5 and the Regulatory Accounting Guidelines (“RAG”) to secure an appropriate audit opinion … …

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