Regulators
-
May- 2021 -28 May
FRC revises auditing standards for fraud responsibilities
The Financial Reporting Council (FRC) has announced a revision to its auditing standard regarding the responsibilities of auditors relating to…
Read More » -
27 May
AAT urges gov to tackle ‘unregulated’ high street accountants
AAT (Association of Accounting Technicians) has warned small and medium-sized enterprises against the use of “unregulated” high street accountants and…
Read More » -
26 May
Regulator launches investigation into The Knightland Foundation
The Charity Commisions has launched an investigation into The Knightland Foundation over concerns regarding the organisation’s finances and governance. In…
Read More » -
25 May
FRC launches survey into scenario analysis
The Financial Reporting Council (FRC) has launched a survey into the use of scenario analysis by FTSE 350 companies as…
Read More » -
24 May
Auditor fines issued by FRC jump 180% to £25m in a year, study shows
The value of fines issued by the Financial Reporting Council (FRC) to auditors rose 180% to just under £25m in…
Read More » -
20 May
CIPFA ‘welcomes’ ARGA’s move to audit regulator
The Chartered Institute of Public Finance and Accountancy (CIPFA) has said it “welcomes” the announcement that the Audit, Reporting and…
Read More » -
18 May
Treasury launches review into OTS
The UK Treasury has announced it is launching its first review into the Office of Tax Simplification (OTS) The OTS…
Read More » -
18 May
FCA sends thousands of staff on cyber and financial crime courses
The Financial Conduct Authority (FCA) has sent 4,430 of its employees on compulsory cyber and information security courses over the…
Read More » -
18 May
FRC highlights ‘room for improvement’ in interim reports
The Financial Reporting Council (FRC) has highlighted that companies need to provide “better explanations” on balance sheet movements in their…
Read More » -
17 May
FCA calls for ‘stronger protection’ for financial market consumers
The Financial Conduct Authority (FCA) is calling for “stronger protection” for UK consumers in the financial services market. According to…
Read More »