Regulation
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Nov- 2021 -16 November
Chartered IIA raises concerns over audit reform reports
The Charter Institute of Internal Auditors (Chartered IIA) has penned a letter to the business secretary Kwasi Kwarteng raising its…
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16 November
FRC report highlights key elements for ‘high quality’ audits
A new report from the Financial Reporting Council (FRC) has set out the key elements required by audit firms to…
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16 November
ACCA welcomes EC consultation on strengthening corporate reporting
The Association of Chartered Certified Accountants (ACCA) has welcomed the most recent consultation on strengthening the quality of corporate reporting…
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5 November
Gov and big businesses ‘must’ help SMBs reach net zero, report shows
Friendly reporting frameworks for SMBs could unlock “significant” progress on the journey to net zero, given the SMB sector represents…
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4 November
FCA to help investors make ‘informed’ ESG investment decisions
The FCA has announced it will help consumers navigate their sustainability characteristics, according to its new Discussion Paper to coincide…
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4 November
IFRS forms new International Sustainability Standards Board
The International Financial Reporting Standards Foundation (IFRS) has announced the formation of the International Sustainability Standards Board (ISSB). IFRS trustees…
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1 November
Grant Thornton fined £1.3m over interserve audit failings
Grant Thornton has been fined £1.3m and its audit engagement partner Simon Lowe £70k by the FRC for failing to…
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Oct- 2021 -27 October
FRC requires climate-related reporting from 2022
The Financial Reporting Council (FRC) has outlined its ‘top 10’ areas where improvements to reporting are required, including reporting on…
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26 October
Insolvency service cracks down on bounce back loan abusers
The insolvency service has announced three directors have been banned following investigations which found that nearly £100k worth of bounce…
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26 October
ACCA: Accountancy profession ‘urgently’ needs to set net zero targets
ACCA has found that among 3,000 accountants and finance professionals, just 15% say their organisations have set targets to be…
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