News

The Financial Reporting Council (FRC) published principles for operational separation of the audit practices of the ‘Big 4’ firms in July 2020.  The FRC asked the firms to submit their implementation plans by 23 October 2020.  The FRC has reviewed these plans and discussed the...

Recording available: LGBT+ History Month Webinar

A new FRC Lab report, Virtual and Augmented Reality in corporate reporting, is released today and considers how virtual and augmented reality are and might be used to expand the scope and audience for corporate reporting. The report includes examples of current practice and hi...

This consultation seeks views on the proposed Third Country Auditors (Fees) Instrument 2021, which includes an increase in the periodical fees for registered Third Country Auditors in the UK.

Today the Financial Reporting Council (FRC) has published for consultation its draft 2021/22 Strategy, Plan & Budget which reflects its continued commitment to serve the public interest whilst also moving at pace towards building the enhanced capacity and capability necessary ...

The FRC’s LGBTQIA+ network invites you to a webinar this Wednesday, 10th February, 4pm-5pm, as part of our celebration of LGBTQ+ History month in February. LGBT+ History Month is an annual month-long observance of lesbian, gay, bisexual and transgender history, and the history...

The UK Endorsement Board secretariat has today published their draft comment letter on the IASB’s ED/2020/4 Lease Liability in a Sale and Leaseback. The draft comment letter is open for comment until 1 March 2021.

The International Accounting Standards (Delegation of Functions) (EU Exit) Regulations 2021, laid in Parliament on 1 February, have now been published here. 

Today, Sir James Wates, Chairman of the Coalition group which introduced the Wates Principles for large private companies has issued an article which provides some insight into reporting against the Principles.

The FRC’s LGBTQIA+ network invites you to a webinar on the 10th February, 4pm-5pm, as part of our celebration of LGBT+ History month in February.