News October 2019



11 March 2021
The Lab has released its first newsletter for 2021.   In this issue the team reflect on the work it completed over the past year as we approach the anniversary of the first lockdown, provide updates on the Lab’s ongoing projects and other interesting areas of reporting.
News - Corporate Reporting
2 March 2021
In this episode, Kate O’Neill, the FRC’s Director of Stakeholder Engagement and Corporate Affairs, sits down with members of the FRC’s new Supervision division to discuss why challenge of management and a challenge culture is critical to high quality audit.  
News - Accounting - Audit Monitoring
1 March 2021
On 9 February 2021 the FRC delivered its Initial Investigation Report (IIR) in connection with its investigation opened in February 2019 into certain aspects of KPMG’s audit of the financial statements of Carillion plc for the year ended 31 December 2013.
News - Accounting - Auditing
26 February 2021
The Financial Reporting Council (FRC) has today issued advice for companies on how to report transparently and effectively when departing from certain provisions of the UK Corporate Governance Code.
News - Corporate Governance
26 February 2021
The Financial Reporting Council (FRC) is carrying out a post implementation review of the Technical Actuarial Standards (TASs) and has today issued a call for feedback for the current Framework for TASs, Technical Actuarial Standard 100 (TAS 100), and potential actuarial stand...
News - Actuarial
23 February 2021
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...
News - Accounting - Auditing
18 February 2021
Recording available: LGBT+ History Month Webinar
17 February 2021
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...
News - Financial Reporting
15 February 2021
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.
News - Auditing
12 February 2021
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 ...
News - Accounting - Actuarial - Assurance - Audit Monitoring - Auditing - Corporate Governance - Corporate Reporting - Financial Reporting - Investor Stewardship - Planning