News
This page list press notices and announcements issued by the FRC.
1790 pages found.
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FRC consults as part of annual review of FRS 101
The Financial Reporting Council (FRC) has today issued Financial Reporting Exposure Draft (FRED) 88, which proposes no changes to FRS 101 ‘Reduced Disclosure Framework’, as a result of the FRC’s 2025/26 review cycle.
1 October 2025
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FRC launches consultation on enhanced auditing standards
The Financial Reporting Council (FRC) has today launched a consultation on proposed revisions to three auditor reporting standards: ISA (UK) 700, ISA (UK) 701, ISA (UK) 720.
1 October 2025
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FRC launches consultation on enhanced auditing standards to strengthen fraud detection and evaluation of going concern
The Financial Reporting Council (FRC) has today launched a consultation on proposed revisions to two key auditing standards, dealing with the auditor’s responsibilities relating to fraud and going concern: ISA (UK) 240 (Revised) and ISA (UK) 570 (Revised)
1 October 2025
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FRC publishes Annual Review of Corporate Reporting
The Financial Reporting Council (FRC) today published its Annual Review of Corporate Reporting, showing that the quality of corporate reporting across FTSE 350 companies has been maintained during the 2024/25 monitoring cycle.
30 September 2025
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FRC publishes conforming amendments to International Standards on Auditing
The FRC has today updated the suite of ISAs (UK), which have been amended to include conforming amendments arising from the revision of several auditing standards in recent years.
25 September 2025
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FRC launches Innovation and Improvement Hub to drive regulatory innovation and market growth
The Financial Reporting Council (FRC) today announced the launch of its Innovation and Improvement Hub, reinforcing its commitment to create an exploratory space for collaborative problem-solving with market participants whilst supporting high standards and economic growth.
15 September 2025
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Financial Reporting Council launches bold new programme to build capability and support growth by small UK audit firms
The Financial Reporting Council (FRC) today announced a new initiative to support the development of the capability and quality management by small audit firms looking to establish a greater presence in the UK Public Interest Entity (PIE) audit market. Th
11 September 2025
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FRC issues additional factsheets to support FRS 102 preparers
The Financial Reporting Council (FRC) has today issued two new factsheets to support entities applying FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’.
9 September 2025
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In Conversation: UK Stewardship Code 2026 - What you need to know
For this In Conversation podcast episode, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, discusses the key changes in the recently revised UK Stewardship Code with Andrea Tweedie, Head of Stewardship.
4 September 2025
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In Conversation with Pauline Wallace: Five years as UKEB Chair
Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, sits down with Pauline Wallace, Chair of the UK Endorsement Board, as she prepares to step down on 10 September after 5 years leading the UKEB. Pauline has seen the UKEB grow from its
2 September 2025
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In Conversation: Findings and remedies from the FRC's SME audit market study
In this In Conversation podcast episode, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, discusses the FRC's emerging findings of its market study examining how small and medium-sixed enterprises (SMEs) engage with the audit market
28 August 2025
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In Conversation: Remuneration - UK Corporate Governance Code 2024
In the final episode of the FRC's podcast series on the UK Corporate Governance Code 2024, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined by Maureen Beresford, Director of Corporate Governance and Stewardship, and Kelvin
26 August 2025
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In Conversation: Board leadership in relation to cyber risk - UK Corporate Governance Code 2024
For the third episode of the FRC's podcast series exploring the UK Corporate Governance Code 2024, Kate O’Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined by Maureen Beresford, Director of Corporate Governance and Stewardship at
18 August 2025
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Roundtable invitation: Proposed amendments to PIE Auditor Registration Regulations
The Financial Reporting Council (FRC) invites Public Interest Entity (PIE) auditors to attend a series of roundtables as part of its ongoing consultation on draft amendments to the PIE Auditor Registration Regulations.
14 August 2025
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Roundtable invitation: SME audit market study
The Financial Reporting Council (FRC) invites stakeholders to attend a series of roundtables to inform its small and medium sized enterprises (SME) market study. This engagement forms part of the FRC’s continued work to examine the effectiveness of the SME audit market and explore opportunities to support stakeholders impacted by SME audit.
14 August 2025