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31 July 2020
The Financial Reporting Council (FRC) has today published its second Annual Enforcement Review (AER). The report highlights driving audit quality improvements through securing cultural change by those responsible as a key priority for the Division with a greater use of constru...
News - Accounting - Actuarial - Audit Monitoring - Auditing - Corporate Governance - Corporate Reporting - Discipline - Ethics - Financial Reporting - Going Concern - Investor Stewardship
29 July 2020
Earlier this year, the FRC announced the creation of a new Supervision division. The aims of the new division are to:   - enhance forward-looking supervision of the largest audit firms alongside an expanded programme of audit inspections/file reviews; - build thematic work ...
News - Discipline
29 July 2020
The Financial Reporting Council (FRC) has issued a Final Decision Notice under the Audit Enforcement Procedure (AEP) and imposed sanctions against BDO LLP (BDO) and partner, David Roberts (the Respondents), in relation to the statutory audit of the financial statements of AmTr...
News - Ethics
28 July 2020
The Financial Reporting Council (FRC) has today issued a revision to its Technical Actuarial Standard for work supporting Funeral Plan Trusts (TAS 400). The revised standard has been updated to reflect new requirements introduced by the Funeral Planning Association (FPA) follo...
News - Actuarial - Risk
23 July 2020
The IASB and the UK Endorsement Board invite you to a joint outreach event on 6 August 2020 to discuss the proposals in the IASB's General Presentation and Disclosures Exposure Draft.
News - Accounting
23 July 2020
The FRC has, today, issued two Exposure Drafts proposing amendments to UK and Ireland accounting standards.
News - Accounting - Going Concern
23 July 2020
The Financial Reporting Council (FRC) has today announced the appointments of Mark Babington as Executive Director, Regulatory Standards, while Alex Kuczynski has been appointed Executive Director, Corporate Services and General Counsel.
News - Accounting - Actuarial - Auditing - Corporate Governance - Corporate Reporting - Financial Reporting
22 July 2020
The Financial Reporting Lab has released its second newsletter for 2020.
News - Accounting - Corporate Governance - Financial Reporting - Going Concern - Investor Stewardship - Narrative Reporting
21 July 2020
The Financial Reporting Council (FRC) has completed its first thematic review of company reporting since the onset of Covid-19 pandemic.  
News - Accounting - Auditing - Corporate Governance - Corporate Reporting - Financial Reporting - Going Concern - Investor Stewardship
17 July 2020
The FRC has today published a draft response to the IASB’s Exposure Draft General Presentation and Disclosures and welcomes stakeholders’ views to inform the FRC’s final response.   The FRC has also today published accompanying educational webinars which can be accessed her...
News - Accounting - Financial Reporting
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