New Corporate Governance Code reporting a ‘mixed picture’, says FRC
Although some companies have embraced the opportunities the revised UK Corporate Governance Code offers, the FRC has found in its...
Friday, November 27, 2020
Regulation
FCA cautions Carillion over ‘misleading’ reporting
The Financial Conduct Authority (FCA) has issued a warning notice to Carillion over “misleading” reporting. The regulator emphasised a number...
FRC reveals company reporting expectations for 2020/21
The FRC has published its annual end of year letter to CEOs, CFOs and audit committee chairs, outlining the body’s...
FRC urges auditors to ‘redouble’ efforts during Covid
The Financial Reporting Council (FRC) is urging auditors to “redouble” their efforts in order to rectify inconsistent audit reporting. The...
Financial services green initiatives welcomed by ACCA
ACCA has welcomed chancellor Rishi Sunak’s announcement that states it will be mandatory for financial services to disclose risks to...
Regulator urges industry to combat pension scams
The Pensions Regulator (TPR) is urging the industry to combat pension scams as part of a new campaign. The pledge...
Mazars and GT’s local audits need ‘significant improvement’, FRC finds
Grant Thornton and Mazars’ level of audit quality requires “significant improvement”, according to a new report from the The Financial...
Injunction secured against ‘misleading’ accountancy institute
ICAS, ICAEW and Chartered Accountants Ireland have together obtained a High Court injunction to ban an institute and its directors...
Regulator releases guidance on £170bn pension ‘superfunds’
The Pensions Regulator (TPR) has published new guidance for trustees and employers on transferring to defined benefit (DB) ‘superfunds’, with...
FRC calls on UK firms to end poor quality corporate reporting
The Financial Reporting Council (FRC) has published its ‘Annual Review of Corporate Reporting’, which reveals the authority’s ‘top ten’ areas...
