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Sumer NI appoints new corporate audit partner

Sumer NI appoints new corporate audit partner

ACCA calls for pragmatic UK and EU trading relations

ACCA calls for pragmatic UK and EU trading relations

BK Plus appoints Calvin Bond as corporate finance partner

BK Plus appoints Calvin Bond as corporate finance partner

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FRC

The Financial Reporting Council (FRC) is the UK’s independent regulator responsible for setting standards in corporate governance, accounting, and auditing. Our reporting keeps accountancy and advisory professionals informed about FRC policy updates, enforcement actions, consultation outcomes, and changes to reporting and audit standards. We analyse how the FRC’s evolving role impacts compliance requirements, financial reporting quality, and audit oversight across the UK accountancy sector.

FRC

The Financial Reporting Council (FRC) is the UK’s independent regulator responsible for setting standards in corporate governance, accounting, and auditing. Our reporting keeps accountancy and advisory professionals informed about FRC policy updates, enforcement actions, consultation outcomes, and changes to reporting and audit standards. We analyse how the FRC’s evolving role impacts compliance requirements, financial reporting quality, and audit oversight across the UK accountancy sector.

FRC sanctions former Carillion finance directors over misconduct

Regulator bans two former finance chiefs and three senior accountants following the collapse…

What the FRC’s risk-based supervision overhaul means for auditors

The FRC’s shift towards risk-based audit supervision signals a major change in how firms…

FRC to investigate PwC audit of Digital 9 Infrastructure

Members of the conduct committee at the FRC made the decision to open the inquiry during a…

FRC launches fresh consultation on audit standards revision

The regulator has removed the distinction between direct and indirect laws, focusing instead…

FRC outlines £73.3m budget for 2026/27

The regulatory body’s new budget is up below inflation at 1.36%

FRC publishes first global AI audit guidance

A central tenet of the publication is that regulatory accountability remains unchanged;…

ACCA welcomes FRC proposals to reform UK small business audit market

The collaboration is expected to influence the future of the supervisory environment in the UK

FRC updates audit supervision model to focus on risk

The new approach integrates thematic reviews and targeted follow-up work to monitor firm performance

FRC announces measures to support small business growth

The regulator will publish new guidance to help auditors apply standards relative to the…

Forvis Mazars UK revenues rise 8% to £391m amid audit investment

Investment in data analytics and artificial intelligence tools continued throughout the year…
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