News

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

1842 pages found.

• Quarterly consultations: June 2026

  The Financial Reporting Council (FRC) has today launched a call for stakeholder feedback to support the development of UK audit policy. This year, the FRC will announce the majority of its remaining consultations in September and December.

  2 June 2026

• Sanctions against BDO LLP and Geraint Jones

  Executive Counsel of the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice under the Audit Enforcement Procedure and imposed sanctions against BDO LLP (BDO) and Geraint Jones (Mr Jones), audit engagement partner, in relation

  28 May 2026

• FRC issues finalised guidance to support actuaries dealing with historic amendments to pension rules

  Following the Pension Schemes Act 2026 receiving its Royal Assent, the Financial Reporting Council (FRC) has today issued finalised guidance to support pension scheme actuaries in providing retrospective confirmation to validate historic changes to pensio

  22 May 2026

• FRC concludes annual review of FRS 101

  The Financial Reporting Council (FRC) has today issued ‘Amendments to FRS 101 Reduced Disclosure Framework – 2025/26 cycle’, which brings to a close the latest annual review of FRS 101 ‘Reduced Disclosure Framework’.

  21 May 2026

• FRC highlights opportunities to improve quality of structured digital reporting

  The Financial Reporting Council (FRC) has today published its latest review of structured digital reporting by UK listed companies.

  20 May 2026

• Findings in relation to Mr Adam and Mr Khan, and confirming enforcement action against three further individuals

  The Financial Reporting Council (FRC) has imposed sanctions against two former Group Finance Directors of Carillion plc (Carillion). Both acted recklessly and failed to act with integrity in connection with the preparation of accounting information for Ca

  12 May 2026

• FRC Publishes Final Revisions to UK Auditing Standards on Fraud and Going Concern

  The Financial Reporting Council (FRC) has today published the final revisions to two key UK auditing standards addressing auditors’ responsibilities in relation to fraud and going concern.

  30 April 2026

• Roundtable: Share your views on the ISA for Less Complex Entities

  The FRC is inviting stakeholders to take part in two roundtable discussions to share their views on the International Standard for Auditing for Less Complex Entities (ISA for LCE).

  16 April 2026

• FRC launches SME discussion forum for FRS 102 preparers

  As part of its ongoing work to support the proportionate application of audit and reporting standards across the small and medium-sized enterprise (SME) market, the FRC has launched a new discussion forum for stakeholders to share and discuss insights fro

  13 April 2026

• Investigation regarding an audit of Digital 9 Infrastructure plc by PricewaterhouseCoopers LLP

  The Financial Reporting Council (FRC) has commenced an investigation in relation to the audit conducted by PricewaterhouseCoopers LLP of the consolidated financial statements of Digital 9 Infrastructure plc for the financial year ended 31 December 2023.

  9 April 2026

• Closure of investigation regarding the audit of Entain plc by KPMG LLP

  2 April 2026

• FRC strengthens oversight of PIE audit firm restructuring

  The FRC has today published updated Public Interest Entity (PIE) Auditor Registration Regulations (Regulations) and accompanying guidance in respect of its PIE Auditor Register (PAR), strengthening its oversight of audit firm restructuring and reducing, w

  31 March 2026

• Innovative new guidance supports audit firm adoption of emerging AI technologies

  The Financial Reporting Council (FRC) has today published guidance for audit firms on using generative and agentic AI tools in audit engagements. The guidance sets out how firms can mitigate risks to audit quality posed by these tools, while supporting fi

  30 March 2026

• FRC sets out year of delivery in Plan and Budget for 26/27

  The Financial Reporting Council (FRC) has today published its Plan and Budget for 2026-27, marking the second year of its three-year Strategy for 2025-28 and setting out an ambitious programme of work to uphold high standards in audit, corporate reporting and governance in support of UK economic growth.

  27 March 2026

• Quarterly consultations: March 2026

  The Financial Reporting Council (FRC) has today launched two calls for stakeholder feedback to support the development of UK audit policy. This year, the FRC will announce the majority of its remaining consultations in June, September and December.

  26 March 2026