News

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

255 pages found.

• 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

  17 July 2025

• FRC issues July consultations

  The Financial Reporting Council (FRC) has today issued five consultations as part of its scheduled July release, seeking stakeholder input on a new Practice Note for auditing small and medium-sized enterprises (SMEs), the emerging findings of the FRC's SME audit market study, targeted amendments to FRS 102, the UK’s PIE Auditor Registration Regulations, and an updated taxonomies suite.

  17 July 2025

• Draft 2026 Taxonomy Suite published

  The FRC has published a draft version of the 2026 Taxonomy Suite.

  14 July 2025

• FRC Consultation Release: Introduction of International Standard on Sustainability Assurance (UK) 5000

  The Financial Reporting Council (FRC) has today issued a consultation on a proposed UK version of the International Standard on Sustainability Assurance (ISSA) 5000, “General Requirements for Sustainability Assurance Engagements”.

  29 May 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

  7 March 2025

• FRC publishes draft Strategy 2025-28

  The Financial Reporting Council (FRC) has today published a draft three year strategy for 2025-28 reaffirming its commitment to serving the public interest and supporting UK economic growth. Alongside the strategy, the FRC has also published a draft Plan

  17 December 2024

• FRC issues draft amendments to FRS 101 ‘Reduced Disclosure Framework’

  The Financial Reporting Council has today issued FRED 86 ‘Draft amendments to FRS 101 Reduced Disclosure Framework’ arising from of its annual review of FRS 101 for the 2024/2025 cycle.

  13 December 2024

• 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

  12 December 2024

• FRC consults on revisions to Technical Actuarial Standard for pensions

  The Financial Reporting Council (FRC) has today published a consultation proposing revisions to Technical Actuarial Standard 300: Pensions (TAS 300) to reflect recent developments in pension scheme funding.

  9 December 2024

• Financial Reporting Council Consults on Actuarial Standard Technical Memorandum 1

  The Financial Reporting Council (FRC) today announced the launch of a consultation on Actuarial Standard Technical Memorandum 1 (AS TM1), proposing to maintain the current standard following its annual review.

  7 November 2024

• FRC issues consultation on Going Concern Guidance

  The Financial Reporting Council (FRC) has today issued a consultation on revisions to its Guidance on the Going Concern Basis of Accounting and Related Reporting, including Solvency and Liquidity Risks.

  5 August 2024

• Draft 2025 Taxonomy Suite published

  The FRC has published a draft version of the 2025 Taxonomy Suite.

  2 August 2024

• Roundtable invitation: Assurance of Sustainability Reporting Market Study

  On the 21 March 2024, the Financial Reporting Council (FRC) announced the launch of a market study into the market for the assurance of sustainability reporting (sustainability assurance). The FRC invites stakeholders to take part in two focused roundtabl

  3 May 2024

• UKEB Outreach on the IASB’s Exposure Draft: Business Combinations – Disclosures, Goodwill and Impairment

  The UKEB aims to understand UK stakeholder views on the IASB’s Exposure Draft, and stakeholders are invited to participate in our outreach events, to be carried out jointly with the IASB.

  4 April 2024

• FRC launches market study on UK sustainability assurance market

  The Financial Reporting Council (FRC) has today announced the launch of its first market study to examine the UK market for sustainability assurance services.

  21 March 2024