News October 2013

News

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17 July 2020
The Financial Reporting Council (FRC) today publishes its annual report, setting out significant progress to implement the recommendations for change of the FRC itself and in the activities it regulates.
News - Accounting - Audit Monitoring - Auditing - Corporate Governance - Corporate Reporting - Financial Reporting - Structure
16 July 2020
In this episode Claire Lindridge, the FRC's Audit Firm Monitoring and Supervision Director, discusses the recently announced principles for operational separation with Kate O'Neill, the FRC's Director of Stakeholder Engagement and Corporate Affairs. 
News - Accounting - Audit Monitoring - Auditing - Corporate Reporting - Financial Reporting
15 July 2020
The Financial Reporting Council (FRC) today announces the closure of its investigation under the Accountancy Scheme in relation to the preparation and approval of the financial statements for Mitie Group plc for the year ended 31 March 2016.
News - Accounting - Auditing - Discipline
14 July 2020
The Financial Reporting Council (FRC) has today released its latest audit inspection results.
News - Audit Monitoring
9 July 2020
Call for participants: reporting on stakeholders and Section 172
News - Corporate Reporting - Investor Stewardship - Narrative Reporting
9 July 2020
The Financial Reporting Council (FRC) has today issued a revision of its standard for the identification and assessment of risks of material misstatement in an audit of financial statements. The revised standard (ISA (UK) 315 (Revised – July 2020) - Identifying and Assessing t...
News - Audit Monitoring - Auditing
8 July 2020
The FRC has announced sanctions in relation to ethical breaches during the 2014 audit of Conviviality. FRC sanctions can be found below: Grant Thornton Kevin Engel  Natasha Toy
News - Discipline - Ethics
8 July 2020
The Financial Reporting Council (FRC) has imposed a Severe Reprimand on Natasha Toy, a former Senior Manager (the Senior Manager) at Grant Thornton UK LLP (the Firm) in respect of Misconduct relating to the audit of the financial statements of Conviviality Retail Plc (the Comp...
News
8 July 2020
The Financial Reporting Council (FRC) has sanctioned a former audit engagement partner, Mr Kevin Engel, (the Audit Engagement Partner) in respect of Grant Thornton UK LLP’s (the Firm) audit of the financial statements of Conviviality Retail Plc (the Company) for the year ended...
News - Accounting - Audit Monitoring - Auditing
8 July 2020
The Financial Reporting Council (FRC) has fined Grant Thornton UK LLP (Grant Thornton) £3 million (discounted to £1.95 million for admissions and early disposal) for: (i) firm-wide failures to ensure compliance with ethical standards and requirements between 2014 and 2017 and ...
News - Discipline
  
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