News July 2016


30 April 2019
Sanctions have been levied against KPMG, its partner Mark Taylor, former partner Anthony Hulse and Douglas Morgan a former director of Equity Syndicate Management Limited (ESML), following investigations by the Financial Reporting Council (FRC). An independent Tribunal made fi...
News - Auditing - Discipline
29 April 2019
A hearing of the Disciplinary Tribunal of the Financial Reporting Council ("FRC") will commence on Tuesday 21 May 2019 at 10.00 am to consider a Formal Complaint against (1) KPMG Audit Plc, a member firm of the ICAEW and (2) Richard Hinton, a partner of KPMG Audit Plc and a me...
News - Audit Monitoring - Auditing
26 April 2019
The Joint Forum on Actuarial Regulation (JFAR) has today published its Risk Perspective: 2018 Update setting out its collective view on current risks to high quality actuarial work.
News - Actuarial - Risk
23 April 2019
The FRC has appointed Richard Lawrence to the Audit & Assurance Council from 1 April 2019.
News - Assurance - Auditing - Structure
18 April 2019
A FRC spokesperson said: “We welcome the CMA’s proposals to enable the UK audit market to work better in the interests of investors and other users of financial information. We also support the CMA’s objective that reform should drive audit quality and that the regulator s...
News - Auditing
15 April 2019
FRC confirms commitment to remit and agenda set out by Secretary of State
News - Structure
15 April 2019
Sanctions have been imposed against Baker Tilly UK Audit LLP ("Baker Tilly") and its partners Richard King and Steven Railton, following an investigation by the Financial Reporting Council (FRC), in relation to the audit of the financial statements of Tanfield Group plc ("Tanf...
News - Discipline
11 April 2019
The Financial Reporting Council (FRC) has commenced an investigation into the audit by Grant Thornton UK LLP of the financial statements of Interserve Plc for the years ended 31 December 2015, 2016 and 2017. The investigation will be conducted under the Audit Enforcement Proce...
News - Discipline
5 April 2019
Paul Druckman retires from the Board of the FRC.
News - Corporate Reporting - Risk - Structure
4 April 2019
This issue highlights the Lab’s recently released report on artificial intelligence, a roundup of the Lab’s latest activities, including two conferences (on digital reporting and performance metrics) and its 2019 survey (which is open until 12 April).
News - Corporate Reporting - Financial Reporting