News

The Annual Review of Corporate Governance published today by the Financial Reporting Council found that there was a general improvement in reporting against the UK Corporate Governance Code. The report highlights areas of high-quality reporting, however, there is still room fo...

This newsletter celebrates the Financial Reporting Lab’s Tenth Anniversary. It looks back at some of the Lab’s achievements over the past ten years; discusses recent Lab publications; includes reflections from stakeholders on the Lab’s work; and looks forward to 2022 and beyo...

The Financial Reporting Council (FRC) has today published its latest edition of Developments in Audit, which sets out the FRC’s annual assessment of UK audit and ongoing expectations for how audit firms should deliver audit quality improvements to deliver a more effective audi...

The UK Endorsement Board (UKEB) invites stakeholders to attend a series of upcoming roundtables as it develops its response to the two IASB consultations.

The growing importance of ESG in investment management, stewardship and engagement has become a crucial element of investment strategy. The Financial Reporting Council (FRC) is the owner of the UK’s Stewardship Code which sets best-practice principles for asset managers, asset...

The growing importance of ESG in investment management, stewardship and engagement has become a crucial element of investment strategy. The Financial Reporting Council (FRC) is the owner of the UK’s Stewardship Code which sets best-practice principles for asset managers, asset...

the FCA and the FRC have jointly written to Chief Executive Officers of issuers in scope of the requirements to remind them of their obligations. The letter also sets out expectations on quality and identifies actions the FRC and FCA may take in the event of their expectations...

A new report from the Financial Reporting Council (FRC) has set out the key elements required by audit firms to ensure they are delivering high quality audit.   The FRC’s report, What Makes a Good Audit?, highlights the six key attributes that contribute to the running of hi...

The FRC has today published a new FRC staff factsheet, Climate-related matters, part of a series that accompanies FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.  

The FRC has issued a Final Decision Notice and imposed sanctions against Grant Thornton UK LLP (Grant Thornton) and Simon Lowe, Audit Engagement Partner (together, the Respondents), in relation to the statutory audits of the 2015-2017 financial statements of Interserve plc (in...