News
This page list press notices and announcements issued by the FRC.
317 pages found.
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One year on: In Conversation with FRC CEO, Richard Moriarty
Richard Moriarty reflects on his first year leading the FRC in this In Conversation podcast episode, hosted by Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs. Richard and Kate discuss the FRC’s milestones from the past twelve month
21 October 2024
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In Conversation: Understanding the Escalated Reporting Framework in Local Audit
In this latest 'In Conversation' podcast episode, Daniel Ellis, Senior Public Affairs Manager is joined by Ellen Millington, Senior Project Manager in the FRC's Local Audit team to discuss the recently launched Escalated Reporting Framework (ERF) and how
17 October 2024
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Big Four audit firms conclude transition period of operational separation
The Financial Reporting Council (FRC) has today announced the four largest audit firms (Deloitte, EY, KPMG, PwC), have concluded the transition period of operational separation.
10 October 2024
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Webinar Invitation: UK Corporate Governance Code 2024 - first reporting cycle preview
The Financial Reporting Council invites stakeholders to attend an upcoming webinar on Thursday 24 October 2024, 13:30-14:30, on the key changes in the revised UK Corporate Governance Code ahead of its first reporting cycle, beginning 1 January 2025.
9 October 2024
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Webinar Invitation: Annual Review of Corporate Reporting 2023/24
The Financial Reporting Council (FRC) invites stakeholders to attend an upcoming webinar on its recently published Annual Review of Corporate Reporting on Thursday 17 October 2024, 10:00-11:00.
2 October 2024
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UKEB issues draft comment letters on IASB exposure drafts
Issued on behalf of the UKEB. The UK Endorsement Board (UKEB) has issued draft comment letters on two IASB exposure drafts - one on climate-related risks and uncertainties, and another on amendments to IFRS 19. It has also published a Draft Endorsement Cr
27 September 2024
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In Conversation: An update on Local Audit
In this In Conversation podcast episode, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, and Sarah Rapson, Executive Director of Supervision, sit down to explore the Financial Reporting Council's role as the system leader, the rece
26 September 2024
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Survey Response Deadline Extended: IFRS 18 Presentation and Disclosure in Financial Statements
Issued on behalf of the UKEB: To aid its endorsement work, the UKEB launched surveys for UK users of accounts and preparers to gather their views on IFRS 18. The deadline for stakeholder responses has now been extended to 30 September 2024.
11 September 2024
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FRC welcomes legislation to restore timely financial reporting and audit
The Financial Reporting Council welcomes the Government tabling legislation in Parliament on 9 September 2024 to address the significant delays in local authority audits. This follows the Written Ministerial Statement issued on 30 July 2024.
10 September 2024
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FRC launches market study on NHS audit market
The Financial Reporting Council (FRC) has today announced the launch of a comprehensive market study into the audit market for NHS providers and Integrated Care Boards (ICBs). This initiative is in response to growing concerns about difficulties NHS bodie
25 July 2024
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UK Sustainability Disclosure TAC Public Meeting May 2024: Agenda Papers and Registration
The UK Sustainability Disclosure TAC public meeting will be held on 31 May 2024 at 10.00 hrs.
24 May 2024
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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
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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
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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
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FRC welcomes the appointment of Owen Mapley as the CEO of CIPFA
16 February 2024