News

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

185 pages found.

• 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.

  26 June 2025

• FRC publishes updated actuarial guidance on the use of AI and Machine Learning

  The Financial Reporting Council (FRC) has today published revised Technical Actuarial Guidance: Models, to support the growing use of Artificial Intelligence and Machine Learning (AI/ML) techniques in actuarial work. The updated guidance aims to support p

  7 October 2024

• Future updates to Corporate Governance Code Guidance

  Following the publication of the revised UK Corporate Governance Code earlier this year the FRC updated the guidance, turning it into a live document containing links to relevant publications.

  6 March 2024

• FRC publishes review of companies’ IFRS 17 disclosures

  The Financial Reporting Council (FRC) has today published its thematic review of companies’ first-time application of IFRS 17, a new and fundamental change in accounting for insurance contracts.

  15 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

• FRC resolves record number of enforcement cases

  27 July 2023

• FRC thematic review examines quality of climate-related metrics and targets disclosures

  26 July 2023

• Webinar Reminders: Corporate Governance Code Consultation and New Corporate Reporting Requirements

  24 July 2023

• FRC Lab publishes report on ESG data use and distribution

  20 July 2023

• FRC publishes new technical actuarial guidance on models

  29 June 2023

• FRC updates its guidance to AS TM1 to bring further clarity

  21 June 2023

• FRC Releases New Guidance on Audit Firm Eligibility Criteria

  13 April 2023

• Periodic Review of financial reporting standards proposes revised revenue and lease accounting amongst other improvements

  15 December 2022

• FRC publishes "What makes a good Annual Report and Accounts" report

  13 December 2022

• FRC publishes what makes a good environment for auditor scepticism and challenge

  23 November 2022