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854 results found.

Selected Topics

  • Auditing
  • In Conversation with Richard Moriarty, CEO

    Richard Moriarty, CEO, joins Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, to discuss what the FRC has accomplished so far this year, take stock of the current political and economic environment, and give updates about the progre

    News

    28 July 2025

  • FRC takes action to support effectiveness of audit market for SMEs

    The Financial Reporting Council (FRC) has today published emerging findings from its market study examining how effectively the audit market serves small and medium-sized enterprises (SMEs) and has launched a consultation on new guidance to help auditors

    News

    17 July 2025

  • FRC publishes annual audit firm inspection results

    The Financial Reporting Council (FRC) has today published its Annual Review of Audit Quality, which calls for all stakeholders of the UK audit landscape to work together to deliver a thriving market and profession working in the public interest.

    News

    15 July 2025

  • Investigation regarding the audits of Stenn by Azets and Deloitte

    This Press Notice concerns the opening of investigations into one or more Statutory Auditor(s) and/or Statutory Audit Firm(s)1. The investigations do not relate to any persons or entities other than the relevant Statutory Auditor(s) and/or Statutory Audit

    News

    10 July 2025

  • FRC publishes the results of its major local audit quality monitoring, after the system reset

    The Financial Reporting Council (FRC) has reported on the results of its annual quality monitoring of major local audits (MLAs). Alongside this, the FRC has provided an update on how it will continue to support the local audit system to recover from delay

    News

    8 July 2025

  • FRC publishes landmark guidance providing clarity to audit profession on the uses of AI

    The Financial Reporting Council (FRC) has published its first guidance on the use of artificial intelligence (AI) in audit, alongside a thematic review of the six largest firms’ processes to certify new technology used in audits.

    News

    26 June 2025

  • Roundtable invitation: Future of Audit Supervision Strategy

    The Financial Reporting Council (FRC) invites stakeholders to take part in roundtables to discuss our Future of Audit Supervision Strategy (FASS). The FRC is keen to hear from those involved in the audit landscape, including auditors, their professional b

    News

    22 May 2025

  • FRC publish further supporting materials as part of SME audit campaign

    As part of its campaign to support small and medium-sized enterprises (SMEs) access audit services, the Financial Reporting Council (FRC) has today released further supporting material to help SMEs confidently and effectively engage with the annual audit

    News

    20 May 2025

  • Webinar: International Standard on Auditing for Less Complex Entities

    The FRC invites stakeholders to join an upcoming webinar where the ‘International Standard on Auditing for Audits of Financial Statements of Less Complex Entities’ (ISA for LCE) will be discussed.

    News

    12 May 2025

  • Notice of disciplinary tribunal

    The Disciplinary Tribunal of the Financial Reporting Council will hold a hearing commencing on Monday 12 May 2025 at 10.00 to consider the Formal Complaint of ­the Executive Counsel to the Financial Reporting Council (“FRC”) under the Accountancy Scheme

    News

    6 May 2025

  • Sanctions against Ernst & Young LLP and Mr Christopher Voogd

    The Executive Counsel of the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice under the Audit Enforcement Procedure against Ernst & Young LLP (EY) and Christopher Voogd (the audit engagement partner) and imposed sanctions in

    News

    14 April 2025

  • Sanctions against Ernst & Young LLP and Richard Wilson

    The Executive Counsel of the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice under the Audit Enforcement Procedure and imposed sanctions on Ernst & Young LLP (EY) and Richard Wilson (Mr Wilson), audit engagement partner, in

    News

    10 April 2025

  • Investigation regarding the audit of Home REIT plc by BDO LLP

    The Financial Reporting Council (“FRC”) has commenced an investigation in relation to the audit conducted by BDO LLP of the consolidated financial statements of Home REIT plc for the year ended 31 August 2021.

    News

    8 April 2025

  • Sanctions against PricewaterhouseCoopers LLP and Jonathan Hinchliffe

    The Executive Counsel of the Financial Reporting Council (“FRC”) has issued a Final Settlement Decision Notice under the Audit Enforcement Procedure and imposed sanctions against PricewaterhouseCoopers (“PwC”) and Jonathan Hinchliffe (“Mr Hinchliffe”) in

    News

    25 March 2025

  • FRC releases updates to reflect reporting threshold amendments

    In response to the Government’s changes to UK company size thresholds, due to come into effect from 6 April 2025, the Financial Reporting Council (FRC) has today released updates to relevant existing publications. The FRC has also published a summary docu

    News

    21 March 2025

  • 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

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