News

This page list press notices and announcements issued by the FRC.

1782 pages found.

• FRC highlights latest trends in accountancy and audit

  The Financial Reporting Council (FRC) has today released the 23rd edition of its Key Facts and Trends (KFAT) report, offering a comprehensive overview of the UK accountancy and audit landscape.

  15 October 2025

• Roundtable invitation: Shaping Technical Guidance for Pension Scheme Actuaries

  The Financial Reporting Council (FRC) invites stakeholders to attend a roundtable to support the development of technical guidance for pension scheme actuaries carrying out confirmation of historic pension scheme amendments. This follows the anticipated legislation prompted by the Virgin Media Ltd v NTL Pension Trustees case.

  14 October 2025

• Sanctions against KPMG LLP and Anthony Sykes

  7 October 2025

• FRC to develop technical guidance for pension scheme actuaries to respond to forthcoming legislation

  FRC will develop technical guidance to support scheme actuaries in confirming historic pension scheme amendments, following forthcoming legislation prompted by the Virgin Media Ltd v NTL Pension Trustees case.

  3 October 2025

• Financial Reporting Council Announces Two New Executive Directors

  The Financial Reporting Council (FRC) has today announced the appointment of two new Executive Directors to its leadership team following the resignation of the current Executive Director, Supervision Sarah Rapson to join the SRA as CEO and the retirement of Elizabeth Barrett, Executive Director, Enforcement and Executive Counsel at the end of October.

  3 October 2025

• FRC Launches Consultation on Enhanced Enforcement Procedures as part of its end to end enforcement review

  The Financial Reporting Council (FRC) today launched a public consultation on proposed updates to its Audit Enforcement Procedure (AEP), as part of a comprehensive end-to-end review of its enforcement processes. The consultation runs until 9 January 2026

  1 October 2025

• FRC issues October consultations

  The Financial Reporting Council (FRC) has today issued four consultations as part of its scheduled October release, seeking stakeholder input on updates to its Audit Enforcement Procedure, revisions to audit and audit reporting standards, and a proposal t

  1 October 2025

• FRC consults as part of annual review of FRS 101

  The Financial Reporting Council (FRC) has today issued Financial Reporting Exposure Draft (FRED) 88, which proposes no changes to FRS 101 ‘Reduced Disclosure Framework’, as a result of the FRC’s 2025/26 review cycle.

  1 October 2025

• FRC launches consultation on enhanced auditing standards

  The Financial Reporting Council (FRC) has today launched a consultation on proposed revisions to three auditor reporting standards: ISA (UK) 700, ISA (UK) 701, ISA (UK) 720.

  1 October 2025

• FRC launches consultation on enhanced auditing standards to strengthen fraud detection and evaluation of going concern

  The Financial Reporting Council (FRC) has today launched a consultation on proposed revisions to two key auditing standards, dealing with the auditor’s responsibilities relating to fraud and going concern: ISA (UK) 240 (Revised) and ISA (UK) 570 (Revised)

  1 October 2025

• FRC publishes Annual Review of Corporate Reporting

  The Financial Reporting Council (FRC) today published its Annual Review of Corporate Reporting, showing that the quality of corporate reporting across FTSE 350 companies has been maintained during the 2024/25 monitoring cycle.

  30 September 2025

• FRC publishes conforming amendments to International Standards on Auditing

  The FRC has today updated the suite of ISAs (UK), which have been amended to include conforming amendments arising from the revision of several auditing standards in recent years.

  25 September 2025

• FRC launches Innovation and Improvement Hub to drive regulatory innovation and market growth

  The Financial Reporting Council (FRC) today announced the launch of its Innovation and Improvement Hub, reinforcing its commitment to create an exploratory space for collaborative problem-solving with market participants whilst supporting high standards and economic growth.

  15 September 2025

• Financial Reporting Council launches bold new programme to build capability and support growth by small UK audit firms

  The Financial Reporting Council (FRC) today announced a new initiative to support the development of the capability and quality management by small audit firms looking to establish a greater presence in the UK Public Interest Entity (PIE) audit market. Th

  11 September 2025

• FRC issues additional factsheets to support FRS 102 preparers

  The Financial Reporting Council (FRC) has today issued two new factsheets to support entities applying FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’.

  9 September 2025