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836 results found.

Selected Topics

  • Auditing
  • Investigation regarding the audit of ISG Limited by MacIntyre Hudson LLP

    The Financial Reporting Council (“FRC”) has commenced an investigation in relation to the audit conducted by MacIntyre Hudson LLP of the consolidated financial statements of ISG Limited for the year ended 31 December 2022.

    News

    18 March 2025

  • Investigation regarding an audit by Ernst & Young LLP

    The Financial Reporting Council (‘FRC’) has commenced an investigation into the audits conducted by Ernst & Young LLP of the consolidated financial statements of a Public Interest Entity (as defined in the Audit Enforcement Procedure) and a related non-PI

    News

    13 March 2025

  • FRC launches public beta of digital tool to transform access to company data

    The Financial Reporting Council (FRC) today announced the public beta launch of its digital reporting Viewer, a new tool designed to improve free access to structured company reporting data.

    News

    10 March 2025

  • Roundtable Invitation: SME Market Study

    The Financial Reporting Council (FRC) invites stakeholders to take part in roundtables throughout the consultation period of its small and medium-sized enterprises (SME) market study. The FRC is keen to hear from organisations and individuals involved in

    News

    7 March 2025

  • FRC sets out recommendations for the sustainability assurance market

    The Financial Reporting Council (FRC) has today published the final report from its market study into the assurance of sustainability reporting. The 2024 study found that while the UK’s market for the assurance of sustainability reporting is functioning w

    News

    5 February 2025

  • FRC releases guidance on revised reporting requirements under new FCA rules

    The FRC has issued a new Staff Guidance Note following the introduction of revised UK Listing Rules by the FCA in July 2024.

    News

    31 January 2025

  • FRC launches campaign to support UK SMEs to grow and scale

    The Financial Reporting Council (FRC) has launched a year-long campaign to help small and medium-sized enterprises (SMEs) access audit services and reduce reporting burdens where possible.

    News

    29 January 2025

  • Investigation regarding the audit of Entain plc by KPMG LLP

    The Financial Reporting Council (“FRC”) has commenced an investigation in relation to the audit conducted by KPMG LLP of the consolidated financial statements of Entain plc for the year ended 31 December 2022.

    News

    20 January 2025

  • Webinar Invitation: How UK charities can prepare for amendments to FRS 102

    The Financial Reporting Council (FRC) invites stakeholders to attend an upcoming webinar on recent amendments to FRS 102 to discuss how it will impact UK charities and how they can start preparing for implementation of the updated reporting requirements.

    News

    9 January 2025

  • UK Sustainability TAC issues final recommendations

    The Financial Reporting Council (FRC), in its role as the Secretariat to the UK Sustainability Disclosure Technical Advisory Committee (the TAC’), has published the Committee’s final recommendations to the Secretary of State for Business and Trade, recomm

    News

    18 December 2024

  • FRC publishes inspection findings for the Tier 2 and 3 audit firms

    News

    16 December 2024

  • FRC offers advice on conducting effective audit tenders

    News

    9 July 2013

  • FRC publishes emerging findings from NHS audit market study

    The Financial Reporting Council (FRC) has today published initial feedback on its market study into the audit market for NHS providers and Integrated Care Boards (ICBs). Launched in July 2024 in response to growing concerns about challenges NHS bodies are

    News

    12 December 2024

  • In Conversation: Mutual Recognition Agreements

    In this In Conversation podcast episode, Daniel Ellis, Senior Public Affairs Manager, is joined by Alison Stiles, Project Manager in the Professional Bodies Supervision team, to discuss the FRC’s work on Mutual Recognition Agreements (MRAs) and the recent

    News

    11 December 2024

  • Sanctions against Crowe UK LLP and Nigel Bostock

    The Executive Counsel of the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice (FSDN) under the Audit Enforcement Procedure and imposed sanctions against Crowe UK LLP (Crowe) and Nigel Bostock, in relation to the statutory au

    News

    10 December 2024

  • Audit market competition update sets out FRC’s evolving approach

    The Financial Reporting Council (FRC) has today published its annual Audit Market and Competition Update for 2024, highlighting developments in the UK audit market and setting out the FRC’s evolving approach to competition.

    News

    4 December 2024

  • FRC issues updated suite of factsheets for FRS 102

    The Financial Reporting Council has today issued an updated suite of factsheets on aspects of FRS 102. The updated factsheets follow the Periodic Review 2024 amendments to FRS 102 and other FRSs, and provide additional guidance to support stakeholder repo

    News

    27 November 2024

  • FRC approves CIPFA Diploma in Local Audit

    The Financial Reporting Council (FRC) has today announced the Chartered Institute of Public Finance and Accountancy’s (CIPFA) Diploma in Local Audit as pre-approved local audit specialist training.

    News

    20 November 2024

  • FRC publishes report on quality of major local audits ahead of system reset

    The Financial Reporting Council (FRC) has today published its annual report on the quality of major local audits which also sets out how it will continue to support the local audit system to recover from delays in the publication of audited accounts.

    News

    19 November 2024

  • In Conversation: Local audit backlog measures and audit opinions

    In our latest In Conversation podcast episode, Kate O’Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined by Mark Babington, Executive Director of Regulatory Standards, as well as Mike Newbury, Director of Local Audit Code and Guida

    News

    15 November 2024

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