News

The Financial Reporting Council (FRC) has today published its inspection findings into the quality of major local audits in England for the financial year ended 31 March 2019. This is the first such report published by the FRC.

The Financial Reporting Council has provided evidence in a submission to the BEIS Select Committee as part of its ongoing inquiry into Delivering Audit Reform, outlining the steps that have been taken to deliver on the independent reviews and recommendations of the Select Comm...

The FRC has today published a draft UK Endorsement Criteria Assessment on the IASB’s Amendments to IFRS 4 - Extension of the Temporary Exemption from Applying IFRS 9 (the Amendments).

The Lab has released its third newsletter for 2020. This issue provides an update on the Lab’s ongoing projects and recent activities including its recently released reports on Video in Corporate Reporting and Reporting in times of uncertainty – a look forward, as well as ...

The Financial Reporting Council (FRC) has today launched a consultation on the proposed revision of its UK auditing standard ISA (UK) 240 (Updated January 2020) - The Auditor's responsibilities Relating to Fraud in an Audit of Financial Statements.

Today the FRC has issued three sets of amendments to UK and Ireland accounting and reporting standards.  The amendments address some topical issues, and maintain a necessary alignment with international standards

The Financial Reporting Council has today published the 2020 Key Facts and Trends in the Accountancy Profession (KFAT).

The Secretary of State for Business, Alok Sharma, has today announced the appointment of Keith Skeoch as Interim Chair of the Financial Reporting Council (FRC).

With COVID-19 continuing to impact us all, many companies are facing a challenging year-end. While the uncertainty creates risks for annual reporting it also presents opportunities. Today the Lab releases two short guides which cover some critical areas of focus for 2020 year-...