Financial Reporting Council (FRC)
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Jan- 2020 -3 JanuaryRegulation
Fines for auditors rise almost 50% in 2019
Fines for auditor misconduct issued by the Financial Reporting Council rose by almost 50% in 2019. According to new data…
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Dec- 2019 -16 DecemberAccounting Firms
FCA and PRA Skilled Persons reviews jump 16% in 2019, says BDO
The number of Skilled Person reviews launched by the FCA and PRA has increased by 16% in 2019, according to…
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13 DecemberPeople Moves
FRC’s Josephine Jackson joins IAASB Board
The International Auditing and Assurance Standards Board (IAASB) has announced the appointment of the Financial Reporting Council’s (FRC) Josephine Jackson…
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Oct- 2019 -8 OctoberPeople Moves
FRC reveals new leadership lineup
The Financial Reporting Council has revealed its new leadership team of Simon Dingemans and Sir Jon Thompson have taken up…
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4 OctoberRegulation
FRC should have more ‘power’ and ‘teeth’, study finds
New research from the Financial Reporting Council (FRC) has found that people believe the FRC should have more “power” and…
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Sep- 2019 -23 SeptemberAccounting Standards
FRC sets Deloitte Autonomy tribunal for October
A hearing of the Disciplinary Tribunal of the Financial Reporting Council (FRC) has been set for 10 October in relation…
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Aug- 2019 -8 AugustAccounting Standards
FRC opens consultation on SECR Taxonomy
The FRC has today opened a consultation on the draft Streamlined Energy and Carbon Reporting (SECR) Taxonomy. The draft is…
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1 AugustAccounting Standards
FRC fines KPMG £3.5m for Client Assets Reports of BNY Mellon entities
The Financial Reporting Council (FRC) has fined KPMG £3.5m in relation to Client Assets Reports in respect of The Bank…
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Jul- 2019 -4 JulyAccounting Standards
Deloitte fined £4.2m for Serco audit failings
The Financial Reporting Council (FRC) has fined Deloitte £4.2m in relation to the audit of the financial statements of Serco…
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May- 2019 -28 MayPeople Moves
FRC appoints David Rule as executive director of supervision
The Financial Reporting Council (FRC) has appointed David Rule to a newly established position as executive director of supervision. He…
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