Financial Reporting Council (FRC)
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Feb- 2021 -23 FebruaryBig Four
FRC progresses Big Four audit separation process
The Financial Reporting Council (FRC) has signalled a progression to the “operational separation” of the Big Four firms’ audit practices.…
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12 FebruaryAccounting Standards
FRC expects 2021/22 overall costs to increase to £6.8m
The Financial Reporting Council (FRC) expects its 2021/2022 overall costs to increase by £6.8m, almost half of which funds the…
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Jan- 2021 -5 JanuaryLatest News
ICAEW backs use of AI in workplace
The ICAEW has backed the increased use of technology in the workplace after a report by the FRC claimed that…
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Nov- 2020 -30 NovemberAccounting Standards
FRC to consult on review standard for interim financial statements
The Financial Reporting Council (FRC) has announced it has launched a consultation on the proposed revision of its review standard…
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27 NovemberAccounting Standards
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…
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Oct- 2020 -30 OctoberAccounting Firms
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…
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14 OctoberAccounting Firms
FRC calls for ‘more diversity’ in accountancy sector
The Financial Reporting Council has called for an “increase” in BAME members and other minorities to fill senior management roles…
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2 OctoberBusiness
FRC forced to delay appointment of new head
The Financial Reporting Council has reportedly been forced to delay the planned appointment of Keith Skeoch as its new interim…
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Sep- 2020 -17 SeptemberBig Four
Deloitte fined record £15m over Autonomy audit
Big Four accountancy firm Deloitte has been fined a record £15m by the The Financial Reporting Council (FRC) following an…
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Jul- 2020 -30 JulyPeople Moves
FRC reveals Supervision Division restructuring and appointments
The FRC has revealed a series of appointments and restructuring of its newly-created Supervision Division, including that Claire Lindridge will…
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