This website uses cookies for analytics and functionality purposes. To change your cookie settings or find out more, click here. If you continue browsing our website, you accept these cookies.


20 September 2017
Today, the Financial Reporting Council (FRC) issues FRED 68, which responds to the significant differences in accounting treatment arising in practice, in relation to the accounting for gift aid payments made by a subsidiary to its charitable parent.
News - Accounting - Financial Reporting
19 September 2017
The Financial Reporting Council (‘FRC’) announces the closure of its investigation into the conduct of KPMG’s audit of HBOS plc for the year ended 31 December 2007.
News - Auditing - Discipline
18 September 2017
Sir Win Bischoff, Chairman of the FRC, spoke about the importance of corporate governance at the launch of SIAS Governance Week today in Singapore.
News - Corporate Governance
12 September 2017
The Financial Reporting Council (FRC) has appointed Claudia Mortimore as Interim Executive Counsel and Director of Enforcement from 1 November 2017, following the resignation of Gareth Rees QC.
News - Discipline
11 September 2017
The Financial Reporting Council (FRC) as the UK’s competent authority for audit contributed to the first report on the EU market for Public Interest Entity (PIE) audit which has now been published.
News - Audit Monitoring - Auditing
31 August 2017
The FRC has today launched its new website with a fresh design and more accessible functionality for stakeholders and has refreshed its mission in line with its work in the public interest to promote transparency and integrity in business.
News - Corporate Governance - Corporate Reporting - Financial Reporting
29 August 2017
The FRC welcomes the Government’s response to its green paper on corporate governance reform and will use the feedback to help inform the development of its consultation on a fundamental review of the UK Corporate Governance Code later this year.
News - Corporate Governance
16 August 2017
PricewaterhouseCoopers LLP (PwC) and Nicholas William Edward Boden, Senior Statutory Auditor and Audit Engagement Partner, have been fined and severely reprimanded after admitting Misconduct in relation to the audit of the financial statements of RSM Tenon Group plc, for the f...
News - Auditing - Discipline
15 August 2017
The Financial Reporting Council’s (FRC) consultation on amendments to its Guidance on the Strategic Report, published today, encourages businesses to consider the interests of stakeholders. 
News - Financial Reporting - Narrative Reporting
10 August 2017
The outcome of the disciplinary case relating to Mr James Rakow, an associate partner with Deloitte LLP, in connection with his provision of actuarial services to Equity Syndicate Management Limited (ESML) and Syndicate 218 in respect of the financial years ending 31 December ...
News - Actuarial - Discipline