News

The report, Business model reporting; Risk and viability reporting – Where are we now?, considers how reporting practice has changed since the Lab published its original reports in 2016 and 2017. It includes practical examples from companies that have implemented the recommen...

Blog by Phil Fitz-Gerald, Director of the FRC's Financial Reporting Lab, on how the Lab is playing its part in calling for companies to be more transparent on how they are addressing climate risk. 

The Financial Reporting Council’s (FRC) Annual Report for 2017/18 highlights priority projects delivered and actions undertaken by the FRC in pursuit of its mission to promote transparency and integrity in business.

An intern with the Financial Reporting Council's Financial Reporting Lab, spent the day learning about XBRL

Following the Competition and Markets Authority's launch of its review of the audit sector, an FRC spokesperson said:   “We have expressed concern about concentration at the top of the audit market so we welcome this announcement.   “We will work closely with the Competiti...

The Financial Reporting Council (FRC) has today announced a strategic programme of work to ensure audit better serves the public interest.  This programme encompasses work on auditor independence, audit quality, the future needs of investors and corporate viability.

The Financial Reporting Council (FRC) has made amendments to the suite of taxonomies last issued in December 2017.

FRC publishes a list of companies whose Report and Accounts have been reviewed - published in September 2018

A hearing of the Disciplinary Tribunal of the Financial Reporting Council ("FRC") will commence on Tuesday 16 October 2018 at 10.00 am to consider a Formal Complaint against (1) Douglas Morgan, a former finance director of Equity Syndicate Management Limited ("ESML") and a mem...

The Financial Reporting Council (“FRC”) announces that KPMG Audit Plc (“KPMG”) and Richard Hinton (a partner) have admitted Misconduct under the FRC’s Accountancy Scheme in relation to their reports to the FCA on compliance by The Bank of New York Mellon (International) Limite...