News July 2019



15 January 2021
In order to assist UK and Republic of Ireland statutory auditors to obtain recognition of their audit qualification in both jurisdictions, the FRC has agreed a Memorandum of Understanding on Reciprocal Arrangements with the Irish Auditing and Accounting Supervisory Authority (...
News - Accounting - Auditing
7 January 2021
In this episode, Andrew Hyland and Marie Claire Tabone, both Project Managers in the Financial Reporting Lab, reflect on the work of the Lab over 2020 which includes guidance relating to reporting in times of uncertainty, tips for section 172 statements and the use of video in...
News - Corporate Reporting
6 January 2021
The Secretary of State for Business, Energy and Industrial Strategy (BEIS), in exercise of the powers conferred by statutory instrument 2019/685*, adopted on 5 January 2021, the following amendments to international accounting standards for use within the United Kingdom.
News - Accounting - Financial Reporting
6 January 2021
The FRC has today published the report of the independent Disciplinary Tribunal detailing its findings of Misconduct by Deloitte and former partners Richard Knights and Nigel Mercer together with sanctions, in relation to the audits of the published financial reporting of Auto...
News - Accounting - Auditing - Discipline
5 January 2021
The UK Endorsement Board has launched a new website to keep stakeholders up to date with key developments.
News - Accounting - Financial Reporting
4 January 2021
The Financial Reporting Council (FRC) is pleased to invite you to a webinar to hear further details about its recent publication 'using technology to enhance audit quality'. 
News - Accounting - Audit Monitoring - Auditing - Financial Reporting - Planning
23 December 2020
AS TM1 accumulation rate survey.
News - Actuarial
23 December 2020
The FRC has today issued guidance for preparers using IFRS, and their auditors, to explain the basis of accounts preparation, where an entity has a financial period which straddles the end of the transition period.
News - Accounting - Audit Monitoring - Auditing - Corporate Reporting - Financial Reporting
22 December 2020
The Financial Reporting Council (FRC) has today launched a consultation on the proposed revision of the standards for an audit firm’s responsibilities to design, implement and operate a system of quality management.
News - Accounting - Audit Monitoring - Auditing
21 December 2020
The FRC has approved a request by ICAS to surrender their status as a Recognised Supervisory Body (RSB) under the Local Audit and Accountability Act 2014.
News - Accounting