Financial Reporting Council (FRC)
-
Jan- 2024 -30 JanuaryLatest News
FRC publishes guidance for UK Corporate Governance Code 2024
The Financial Reporting Council (FRC) has published targeted and digitally accessible guidance to support companies applying the UK Corporate Governance…
Read More » -
15 JanuaryLatest News
FRC updates Ethical Standard for auditors
The FRC has today (15 January) published an update to its Ethical Standard for auditors, effective from 15 December 2024.…
Read More » -
8 JanuaryAccounting Standards
FRC levies record £33.2m fines against auditors in 2023
The value of fines levied by the Financial Reporting Council against auditors has hit a record £33.2m in 2022/23, an…
Read More » -
3 JanuaryLatest News
FRC to investigate Thurrock Council member’s failed investment strategies
The FRC has today (3 January) announced it will begin an investigation into an individual’s conduct regarding the financial management…
Read More » -
Dec- 2023 -14 DecemberLatest News
Big Four continue to dominate audit market, FRC finds
The Financial Reporting Council (FRC) has today (14 December) published an updated overview of competition in the UK’s audit market…
Read More » -
12 DecemberLatest News
UK and Switzerland audit authorities approve mutual recognition of audit qualifications
The UK and Switzerland have made arrangements for mutual recognition of statutory audit qualifications allowing auditors to work more easily…
Read More » -
Nov- 2023 -8 NovemberAudit
FRC scales down changes to corporate governance code
The FRC has confirmed its plan to scale back audit changes by taking forward under half of the original 18…
Read More » -
Oct- 2023 -20 OctoberLatest News
Today’s news in brief – 20/10/2023
Price Bailey has merged with Stephenson Smart to enhance its presence in Peterborough. Stephenson Smart will maintain its Lynchwood office,…
Read More » -
2 OctoberRegulators
Value of fines issued by FRC up 29% in the past year
The value of fines issued by the FRC against auditors has risen by 29% in the past year, from £21m…
Read More » -
Sep- 2023 -27 SeptemberLatest News
Today’s news in brief – 27/09/2023
The UK and New Zealand have entered into a groundbreaking agreement known as the Memorandum of Understanding on Reciprocal Arrangements…
Read More »