News
This page list press notices and announcements issued by the FRC.
1850 pages found.
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FRC refreshes auditing standards to reduce reporting burden and improve transparency
The Financial Reporting Council (FRC) has revised three auditing standards to make auditor's reports shorter, clearer and more useful to investors, alongside new guidance clarifying auditor responsibilities under the revised UK Corporate Governance Code.
24 June 2026
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Sanctions against King & King and Mr Milankumar Patel
The Executive Counsel of the Financial Reporting Council (“FRC”) has issued a Final Decision Notice under the Audit Enforcement Procedure and imposed sanctions on King & King and Milankumar Patel (“Mr Patel”)
23 June 2026
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FRC modernises enforcement to deliver faster outcomes and earlier learnings for the UK audit market
The Financial Reporting Council (FRC) has published reforms to its Audit Enforcement Procedure (AEP), modernising its regulatory toolkit.
17 June 2026
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Join the FRC's UK GAAP Technical Advisory Group (TAG)
The Financial Reporting Council (FRC) is seeking new members to join its UK GAAP Technical Advisory Group (TAG) and help shape the future of UK and Ireland Accounting Standards.
12 June 2026
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FRC acts to support pension scheme actuaries ahead of new surplus flexibility rules
Ahead of new legislation expected to come into force in April 2027, the Financial Reporting Council (FRC) will develop technical actuarial guidance to help scheme actuaries certify that surplus payments to employers meet the legislative requirements.
11 June 2026
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FRC invites firms and companies to experiment, innovate and reduce burdens through new sandbox programmes
The Financial Reporting Council (FRC) today announced a significant expansion of its innovation programme, inviting audit firms and companies to work directly with the regulator to explore new technologies, simplify corporate reporting, and reduce unneces
4 June 2026
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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
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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
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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
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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
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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
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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