Financial Reporting Council (FRC)
-
Jul- 2023 -24 JulyAccounting Standards
FRC focuses on ARGA transformation in annual report
The Financial Reporting Council (FRC) has published its annual report 2022/23 highlighting its continued focus this past year on delivering…
Read More » -
20 JulyLatest News
FRC welcomes new corporate reporting requirements
The Financial Reporting Council (FRC) has welcomed the Government’s publication of the draft statutory instrument on corporate reporting, which strengthens…
Read More » -
Jun- 2023 -29 JuneLatest News
FRC fines KPMG and PwC over Eddie Stobart audits
The Financial Reporting Council has issued two final settlement decisions against KPMG and PwC over the statutory audits of the…
Read More » -
19 JuneAudit
FRC publishes Audit Enforcement Procedure consultation response
The Financial Reporting Council (FRC) has announced that it will be moving ahead with its amendments to the Audit Enforcement…
Read More » -
13 JuneCompanies
FRC publishes fair value assessment review
The Financial Reporting Council (FRC) has announced that fair value measurements should use market participants’ rather than the company’s own…
Read More » -
6 JuneAccounting Standards
FRC opens applications for TAC chair
The Financial Reporting Council (FRC) has announced it has opened applications for the chair position and members of the UK…
Read More » -
5 JunePractice Regulation
FRC unveils restructured POT
The Financial Reporting Council (FRC) has unveiled the Professional Oversight Team (POT) has been restructured and will now be known…
Read More » -
May- 2023 -26 MayAudit
FRC launches Scalebox to promote competition for small auditors
The FRC has announced the launch of the Scalebox initiative to assist smaller firms in conducting high-quality audits in the…
Read More » -
Apr- 2023 -26 AprilLatest News
FRC fines KPMG £1.75m over The Works audit
The Financial Reporting Council has issued a fine and imposed sanctions against KPMG and Anthony Sykes in relation to the…
Read More » -
19 AprilAudit
FRC launches probe into KPMG’s audit of Carr’s Group
The Financial Reporting Council (FRC) has launched an investigation into the audit conducted by KPMG of the consolidated financial statements…
Read More »