News August 2021

News

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2 June 2021
Ahead of the 2021 interim reporting season, the FRC invites you to a webinar to learn more about its recent review of interim reporting which highlighted examples of good reporting practice and areas where further improvements are require
News - Accounting - Auditing - Corporate Reporting - Financial Reporting
1 June 2021
Disciplinary Tribunal hearing of a Formal Complaint under the Accountancy Scheme in respect of KPMG LLP and ICAEW member Mr David Costley-Wood concerning Silentnight.
News - Accounting - Auditing
27 May 2021

News - Accounting - Audit Monitoring - Auditing - Corporate Reporting - Financial Reporting
26 May 2021
Last year the FCA delayed the mandation of Disclosure and Transparency Rule 4.1.14, which introduced a requirement for companies on a regulated market to publish annual reports in XHTML format. The majority of companies opted not to produce XHTML accounts for 2020, although a ...
News - Corporate Reporting
26 May 2021
On Friday 21 May 2021, the Secretary of State for Business, Energy and Industrial Strategy (BEIS) delegated statutory powers to the newly established UK Endorsement Board (UKEB). Under its delegated functions, the UKEB will play a pivotal role in influencing the development of...
News - Accounting - Financial Reporting
24 May 2021
The FRC recently commissioned a research project to explore the use of scenario analysis by FTSE350 companies. The objective is to learn more about the processes through which companies develop their scenario analyses and how the outcomes influence strategic planning and decis...
News - Financial Reporting
24 May 2021
The UK Corporate Governance Code asks companies to report on their engagement with the workforce. The Financial Reporting Council (FRC) has today published research by Royal Holloway, University of London and the Involvement and Participation Association which found that many ...
News - Corporate Governance
21 May 2021
Today, the FRC has issued Amendments to FRS 101 – 2020/21 cycle (PDF), which brings to a close the 2020/21 annual review of FRS 101 Reduced Disclosure Framework.
News - Accounting
20 May 2021
The Financial Reporting Council (FRC) will be hosting an international conference in June entitled Audit Firm Culture: Challenge. Trust. Transformation to explore the link between audit firm culture and audit quality with the objective of accelerating the pace of change for cu...
News - Accounting - Audit Monitoring - Auditing - Ethics
20 May 2021
Today the FRC has issued revised International Standard for Review Engagement (UK) 2410 (ISRE (UK) 2410) Review of Interim Financial Information Performed by the Independent Auditor of the Entity.
News - Accounting - Auditing
        
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