News

This page list press notices and announcements issued by the FRC.

308 pages found.

• FRC publishes amendments to FRS 101 Reduced Disclosure Framework

  The Financial Reporting Council (FRC) has today issued minor Amendments to FRS 101 Reduced Disclosure Framework following the 2023/24 annual review cycle.

  9 August 2024

• UKEB seeks stakeholder views on IASB's standard: IFRS 18 Presentation and Disclosure in Financial Statements

  Issued on behalf of the UKEB: IFRS 18 UKEB webinar recording and surveys; UKEB welcomes the IASB’s publication of its Exposure Draft (ED) Climate-related and Other Uncertainties in the Financial Statements; Share your experience of the UKEB Website.

  2 August 2024

• UKEB Outreach on the IASB’s IFRS 18 Presentation and Disclosure in Financial Statements

  The IASB published IFRS 18 Presentation and Disclosure in Financial Statements with an effective date of annual reporting periods beginning on or after 1 January 2027, subject to adoption in the UK by the UKEB. As part of UKEB’s endorsement and adoption w

  16 July 2024

• FRC publishes new technical actuarial standards for collective money purchase pensions

  The Financial Reporting Council (FRC) has today published version 1.0 of Technical Actuarial Standard 310: Collective Money Purchase Pensions (TAS 310).

  24 May 2024

• Rate Regulated Activities Economic Study

  This preliminary assessment is subject to change as the IASB deliberates on additional topics in anticipation of a standard being published in 2025.

  19 April 2024

• FRC revises UK and Ireland accounting standards

  The Financial Reporting Council (FRC) has today issued comprehensive improvements to financial reporting standards applicable in the UK and Republic of Ireland which are used by an estimated 3.4 million businesses.

  27 March 2024

• FRC consultation on proposed changes to Technical Actuarial Standard 200

  The Financial Reporting Council (FRC) has today published a consultation on proposed revisions to Technical Actuarial Standard 200 (TAS 200) to streamline the standard and ensure it reflects recent regulatory developments in the insurance industry.

  16 February 2024

• FRC publishes revised version of Actuarial Standard Technical Memorandum 1

  The Financial Reporting Council (FRC) has today published a revised version of Actuarial Standard Technical Memorandum 1 (AS TM1).

  9 February 2024

• FRC updates the Ethical Standard for Auditors

  The FRC has today published an update to its Ethical Standard for auditors, effective from 15 December 2024.

  15 January 2024

• FRC publishes revised technical actuarial standards for the pensions sector

  The Financial Reporting Council (FRC) has today published version 2.0 of Technical Actuarial Standard 300: Pensions (TAS 300). The new version of the Standard includes revisions to ensure it remains appropriate and reflects developments in the pension ind

  11 December 2023

• FRED 85 Draft amendments to FRS 101 Reduced Disclosure Framework – 2023/24 cycle

  The FRC has today issued FRED 85 Draft amendments to FRS 101 Reduced Disclosure Framework – 2023/24 cycle.

  5 December 2023

• FRC consults on proposed changes to Actuarial Standard Technical Memorandum 1

  The Financial Reporting Council (FRC) has today published a consultation paper on proposed changes to the Actuarial Standard Technical Memorandum 1 (AS TM1) (and its Annex: Exposure Draft of version 5.0 of TM1) to reflect the changes in the market conditi

  3 November 2023

• Webinar and Roundtable Invitation: FRC consultation on proposed revision to ISA (UK) 250 Section A and ISA (UK) 250 Section B

  The Financial Reporting Council (FRC) invites stakeholders to attend an upcoming webinar on its consultation to strengthen auditor requirements to detect and report material misstatements from non-compliance with laws and regulations.

  2 November 2023

• Sanctions against KPMG LLP, KPMG Audit plc and two former partners

  This Press Notice concerns the outcomes of investigations into the relevant Statutory Auditor(s). No part of this announcement should be treated as making any findings in respect of the conduct of any other persons or entities.

  12 October 2023

• FRC Publishes Revised ISA (UK) 505 External Confirmations

  3 October 2023