News June 2012

News

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12 June 2020
The Financial Reporting Council (FRC) has issued a Final Decision Notice under the Audit Enforcement Procedure and imposed non-financial sanctions on KPMG  in relation to the statutory audits of the financial statements of Foresight 4 VCT plc (“the Company”) for the 2012/2013,...
News - Accounting - Auditing - Discipline - Ethics
11 June 2020
A number of changes in membership of the UK GAAP TAG have recently taken place.
News - Accounting - Auditing - Financial Reporting
11 June 2020
Today the Joint Forum on Actuarial Regulation (JFAR) has issued an updated Risk Perspective which identifies 8 ‘hotspots’ intended to raise awareness of the risks to high quality actuarial work in mitigating risks to the public interest. This year, a new “Systemic Risk” has be...
News - Assurance - Corporate Governance
8 June 2020
Guidance on best practice for AGMs has now been published to update the previously published Q&As.
News - Corporate Governance
8 June 2020
The Financial Reporting Council (FRC) today announces the closure of its investigation into accountants working within Tesco relating to Tesco PLC’s (Tesco) overstatement of profit of approximately £250m as announced to the market in September 2014.
News - Accounting - Auditing - Discipline
2 June 2020
BEIS has published an explanation of each of the measures in the Corporate Insolvency and Governance Bill 2020.
News - Corporate Governance - Corporate Reporting - Financial Reporting
1 June 2020
The government has today set out its position on how the ESEF (European Single Electronic Format) Regulation requirements affect the directors' sign-off process for accounts of UK-incorporated issuers.
News - Accounting - Corporate Reporting - Financial Reporting
29 May 2020
The FRC has today completed its annual review of FRS 101 Reduced Disclosure Framework and made minor amendments, for consistency, to the disclosure exemptions relating to the statement of cash flows. The FRC has also issued FRED 74 Draft amendments to FRS 102 – Interest rate ...
News - Accounting - Corporate Reporting - Financial Reporting
26 May 2020
FRC launches investigations into KPMG and PwC over the audits of Eddie Stobart Logistics plc
News - Audit Monitoring - Auditing - Corporate Reporting - Discipline - Ethics - Financial Reporting
    
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