News

The Financial Reporting Council (FRC) has today published its second Annual Enforcement Review (AER). The report highlights driving audit quality improvements through securing cultural change by those responsible as a key priority for the Division with a greater use of constru...

Earlier this year, the FRC announced the creation of a new Supervision division. The aims of the new division are to:   - enhance forward-looking supervision of the largest audit firms alongside an expanded programme of audit inspections/file reviews; - build thematic work ...

The Financial Reporting Council (FRC) has issued a Final Decision Notice under the Audit Enforcement Procedure (AEP) and imposed sanctions against BDO LLP (BDO) and partner, David Roberts (the Respondents), in relation to the statutory audit of the financial statements of AmTr...

The Financial Reporting Council (FRC) has today issued a revision to its Technical Actuarial Standard for work supporting Funeral Plan Trusts (TAS 400). The revised standard has been updated to reflect new requirements introduced by the Funeral Planning Association (FPA) follo...

The IASB and the UK Endorsement Board invite you to a joint outreach event on 6 August 2020 to discuss the proposals in the IASB's General Presentation and Disclosures Exposure Draft.

The FRC has, today, issued two Exposure Drafts proposing amendments to UK and Ireland accounting standards.

The Financial Reporting Council (FRC) has today announced the appointments of Mark Babington as Executive Director, Regulatory Standards, while Alex Kuczynski has been appointed Executive Director, Corporate Services and General Counsel.

The Financial Reporting Lab has released its second newsletter for 2020.

The Financial Reporting Council (FRC) has completed its first thematic review of company reporting since the onset of Covid-19 pandemic.  

The FRC has today published a draft response to the IASB’s Exposure Draft General Presentation and Disclosures and welcomes stakeholders’ views to inform the FRC’s final response.   The FRC has also today published accompanying educational webinars which can be accessed her...