Financial Reporting Council (FRC)
-
Apr- 2019 -15 AprilAccounting Firms
FRC fines Baker Tilly £750,000 over Tanfield audit
The FRC has fined Baker Tilly UK Audit LLP £750,000 and its partners Richard King and Steven Railton £30,000 and…
Read More » -
2 AprilBig Four
MPs call for Big Four audit firms to be broken up
The Competition and Markets Authority (CMA) should aim for the “full structural break up” of the Big Four firms into…
Read More » -
Mar- 2019 -28 MarchRegulators
Cost of FRC set to increase
The Financial Reporting Council (FRC) has announced it may increase its budget by 11% to £38.1m, compared to its expected…
Read More » -
19 MarchRegulators
FRC audit chief resigns
Mike Suffield, the acting executive director of the Financial Reporting Council (FRC), will step down from his role to join…
Read More » -
11 MarchAccounting Standards
Financial Reporting Council to be replaced with new regulator
The Business Secretary Greg Clark today (11 March) announced a “new enhanced” regulator to transform the audit and accounting sector…
Read More » -
Feb- 2019 -25 FebruaryAccounting Firms
KPMG faces £4m fine over Co-op Bank audit
KPMG is set to face a £4m fine from the Financial Reporting Council (FRC) over its auditing of the Co-operative…
Read More »