News February 2017


16 August 2018
Social mobility enables people to achieve their maximum potential and creates a fairer society. It means companies gain access to a more diverse and highly skilled workforce, which is fundamental to business success today. It leads to better service to customers, better decisi...
News - Corporate Governance
15 August 2018
The Financial Reporting Council (FRC) today publishes the Settlement documents in relation to the 2014 audits of BHS and the Taveta Group conducted by PwC and Steve Denison.
News - Discipline
9 August 2018
The FRC held a panel discussion on 18 July 2018 about how corporate governance is evolving to meet the needs of all stakeholders.
News - Corporate Governance
8 August 2018
Blog by Elizabeth Bagger, Executive Director at the Institute for Family Business to coincide with the consultation on The Wates Corporate Governance Principles for Large Private Companies which closes on the 7th September 2018.
News - Corporate Governance
7 August 2018
The Financial Reporting Council (FRC) today announced exclusions from the accountancy profession for three former executives of AssetCo plc, after a Disciplinary Tribunal found they had committed Misconduct in relation to the preparation and approval of the company’s financial...
News - Discipline - Ethics
31 July 2018
The FRC has today published revised Guidance on the Strategic Report, which encourages companies to consider wider stakeholders and broader matters that impact performance over the longer term.
News - Accounting - Financial Reporting
30 July 2018
The Financial Reporting Council (FRC) today announces the closure of its investigation into the conduct of Grant Thornton UK LLP (GTUK) in relation to the audits of the consolidated financial statements of Globo Plc (Globo) for the years ended 31 December 2013 and 31 December ...
News - Discipline
26 July 2018
There is room for improvement in the audit of pension balances and disclosures in company accounts, according to a new report from the Financial Reporting Council (FRC), ‘The audit of defined benefit pension obligations’. The FRC focussed on the quality of audit of pension bal...
News - Auditing
24 July 2018
The accountancy bodies continue to attract members in significant numbers, with more than 530,000 members worldwide, an increase of 16,706 from 2017. This year's membership figures show the highest rate of year-on-year growth in the past five years.     The Financial Reporti...
News - Accounting - Auditing
24 July 2018
The Lab has released its Q2 newsletter. This issue highlights the Lab’s recent Reporting Now event, and the recently released reports on Blockchain and Performance Metrics. It also looks forward to the Lab’s upcoming project on Artificial Intelligence, details of further work ...
News - Financial Reporting