News

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

306 pages found.

• Webinar Reminder: FRC revisions to FRS 102 - UK & Ireland accounting standards

  The Financial Reporting Council (FRC) invites stakeholders to attend an upcoming webinar on its recent revisions to FRS 102 on Wednesday 15 May 2024, 11:00-12:00 (BST).

  25 April 2024

• UK and Australia audit authorities sign mutual recognition agreement in further boost to UK audit market

  The UK’s Financial Reporting Council (FRC) and the Australian Securities and Investment Commission (ASIC) have today announced a Memorandum of Understanding on Reciprocal Arrangements (MOURA) making it easier for auditors to work between both countries.

  28 March 2024

• FRC welcomes Bill Butler’s appointment as Chair of Public Sector Audit Appointments

  The Financial Reporting Council (FRC) has today welcomed the appointment of Bill Butler as the new Chair of Public Sector Audit Appointments Limited (PSAA) who takes over from Steve Freer on 1 April 2024.

  1 March 2024

• FRC welcomes the appointment of Owen Mapley as the CEO of CIPFA

  16 February 2024

• FRC Launches Consultation on Draft Plan and Budget for 2024-25

  The Financial Reporting Council (FRC) has today launched a consultation on its plan and budget for 2024-25 which sets out its priorities and resources for next year.

  15 December 2023

• FRC announces areas of supervisory focus for 2024/25

  The Financial Reporting Council (FRC) has today announced its areas of supervisory focus for 2024/25, including priority sectors, for corporate reporting reviews and audit quality inspections.

  6 December 2023

• Statement: FRC policy update

  The FRC notes that in His Majesty’s Speech to Parliament today the Government’s plan for primary legislation to modernise the regulation of audit, corporate reporting and governance has not been prioritised for the next Parliamentary session. Whilst disappointing, we are pleased that as recently as the 16th October the Government restated its continued commitment to reform and bringing forward legislation when Parliamentary time allows. There is broad stakeholder consensus that this reform continues to be necessary to restore investor and public trust following the very damaging collapse of several high-profile businesses including Carillion, BHS and Thomas Cook.

  7 November 2023

• FRC sets out reporting expectations amidst ongoing economic uncertainty

  The Financial Reporting Council (FRC) has today published its reporting expectations for companies amidst a period of high interest rates, persistent inflation and ongoing economic uncertainty.

  5 October 2023

• REMINDER: FRC’s Ethical Standard Webinar

  2 October 2023

• Periodic review of UK and Ireland accounting standards – project update

  29 September 2023

• UKEB Publishes User Survey on Accounting for Intangibles

  28 September 2023

• UK and New Zealand audit authorities agree mutual recognition of audit qualifications

  27 September 2023

• Stakeholder Insight Group: Open for applications

  15 September 2023

• FRC welcomes record number of Stewardship Code signatories

  30 August 2023

• FRC consults on revisions to Ethical Standard for auditors

  8 August 2023