News November 2013

News

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26 August 2021
The Financial Reporting Council (FRC) has today announced a consultation on proposals to update and strengthen significantly the Audit Firm Governance Code in support of the FRC’s objectives to promote high-quality audit and audit market resilience.
News - Accounting - Auditing - Corporate Governance
25 August 2021

News - Corporate Reporting
25 August 2021
The Financial Reporting Council has issued a Final Decision Notice under the Audit Enforcement Procedure and imposed sanctions against Ernst & Young LLP (“EY”) and the Audit Engagement Partner, Mark Harvey (the “Respondents”), in relation to the statutory audit of the consolid...
News - Accounting - Auditing - Discipline
24 August 2021
The FRC has today issued an updated Bulletin of Illustrative Auditor’s Reports which includes updated references to legislative changes post-EU exit transition period.
News - Accounting - Auditing
17 August 2021
A summary of the FRC’s research on certain provisions of the UK Corporate Governance Code.
News - Corporate Governance - Corporate Reporting
13 August 2021
Today, the Financial Reporting Council (FRC) has published a summary document from its recent Culture Conference, held in June, to explore the link between culture and high-quality audit.  
News - Accounting - Auditing
5 August 2021
As part of the next periodic review of UK and Ireland accounting standards, the FRC is seeking views from a wide range of stakeholders about the type of areas they would like to be considered for review. This may include new issues or transactions that should be addressed, or ...
News - Accounting - Auditing - Corporate Reporting - Financial Reporting
5 August 2021
The Financial Reporting Council (“FRC”) today announces sanctions against KPMG LLP (KPMG) and David Costley-Wood, formerly a partner and Head of KPMG Manchester Restructuring. This follows a referral from The Pensions Regulator and an investigation undertaken pursuant to the A...
News - Accounting - Discipline
30 July 2021
The FRC has today issued a feedback statement following publication of its thought leadership paper on the Future of Corporate Reporting. There were over 75 responses to the consultation with the majority of respondents welcoming the FRC’s initiative.
News - Accounting - Auditing - Corporate Reporting - Financial Reporting
29 July 2021
The Financial Reporting Council has today published its third Annual Enforcement Review.  ​ The report reveals the FRC’s Enforcement Division has grown by 44% in the last year, to enable the swifter resolution of cases, while the number of investigations opened also increased.
News - Accounting - Auditing - Discipline - Financial Reporting
     
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