News August 2018



13 June 2019
The Financial Reporting Council (FRC) has issued a Final Decision Notice under the Audit Enforcement Procedure and imposed sanctions against PricewaterhouseCoopers LLP (“PwC”), and two partners Jaskamal Sarai and Arif Ahmad, in relation to the statutory audits of the financial...
News - Audit Monitoring - Auditing - Discipline
5 June 2019
The FRC has conducted a review of the assumptions set within Actuarial Standard Technical Memorandum 1 (AS TM1) that are mandated for use in the annual Statutory Money Purchase Illustrations (SMPIs) received by people saving for retirement in defined contribution pension plans...
News - Actuarial
4 June 2019
The Department of Business, Energy and Industrial Strategy is advertising for a Chair of the new United Kingdom Accounting Standards Endorsement Board (UKEB).
News - Accounting - Actuarial - Assurance - Audit Monitoring - Auditing - Planning
31 May 2019
Actuarial Statement of Recommended Practice 1: Financial Analysis of Social Security Programmes (ASORP 1)  The FRC has today published ASORP 1 (Actuarial Statement Of Recommended Practice 1).  ASORP 1 promotes high quality technical actuarial work where actuaries are perform...
News - Actuarial
24 May 2019
The Financial Reporting Council (FRC) has appointed David Rule to a newly established position as Executive Director of Supervision.
News - Accounting - Audit Monitoring - Auditing - Corporate Governance - Corporate Reporting - Financial Reporting
24 May 2019
Today the FRC issued Amendments to FRS 102 – Multi-employer defined benefit plans. 
News - Accounting - Assurance
23 May 2019
The Financial Reporting Council (FRC) has today published its Plan & Budget for the coming year, with a commitment to push forward quickly its transition to the new regulator, the Audit, Reporting and Governance Authority (ARGA).
News - Accounting - Actuarial - Assurance - Audit Monitoring - Auditing - Planning
17 May 2019
FRC Board member, Julia Unwin, received the Chartered Management Institute’s (CMI) Lifetime Achievement Award at its President’s dinner held at Kensington Palace on Wednesday (15 May).
News - Corporate Governance
13 May 2019
Guide to help smaller listed companies improve financial reporting
News - Accounting - Audit Monitoring - Corporate Reporting - Financial Reporting