News

Companies applying the new standard on lease accounting need to provide more information on its effects, according to a new report by the Financial Reporting Council (FRC).

Audit quality is still not consistently reaching the necessary high standards expected, according to the Financial Reporting Council’s (FRC) Developments in Audit report, particularly when challenging management and performing routine procedures such as revenue recognition.

The Financial Reporting Lab (the Lab) is inviting investors and companies to participate in a new project on the disclosure of business models, strategy and the longer-term. 

Andrew Johnston has been appointed to the Financial Reporting Council’s (FRC) Conduct Committee, which oversees the FRC’s Enforcement work.

The Financial Reporting Council (FRC) has published the results of its annual survey of the accumulation rates used by providers to make the projections of funds to retirement.

In this episode Jen Sisson, Senior Investor Engagement Manager and Clauda Chapman, Corporate Governance Policy Adviser, discuss the revised and strengthened UK Stewardship. 

In an end-of-year letter to audit committee chairs and finance directors the FRC’s Chief Executive, Sir Jon Thompson, is reminding them to consider the FRC’s view on key matters as they prepare for the 2019/20 financial reporting season.

The Financial Reporting Council (FRC) has today called for improvements to corporate reporting in an open letter to all Audit Committee Chairs and Finance Directors. The letter reflects findings from the FRC’s Annual Review of Corporate Reporting 2018/19 (published today) and ...

The Financial Reporting Council (FRC) has today published the Settlement Agreement in respect of Misconduct admitted by Ross Howard in relation to Deloitte LLP’s audit of the financial statements of Serco Geografix Limited for the year ended 31 December 2012.

The largest accountancy firms have increased their share of the UK audit market with 100% of FTSE 100 companies now audited by the Big Four*, according to new research from the Financial Reporting Council (FRC).   The latest edition of Key Facts and Trends in the Accountancy...