News

Ahead of the 2021 interim reporting season, the FRC invites you to a webinar to learn more about its recent review of interim reporting which highlighted examples of good reporting practice and areas where further improvements are require

Disciplinary Tribunal hearing of a Formal Complaint under the Accountancy Scheme in respect of KPMG LLP and ICAEW member Mr David Costley-Wood concerning Silentnight.

Last year the FCA delayed the mandation of Disclosure and Transparency Rule 4.1.14, which introduced a requirement for companies on a regulated market to publish annual reports in XHTML format. The majority of companies opted not to produce XHTML accounts for 2020, although a ...

On Friday 21 May 2021, the Secretary of State for Business, Energy and Industrial Strategy (BEIS) delegated statutory powers to the newly established UK Endorsement Board (UKEB). Under its delegated functions, the UKEB will play a pivotal role in influencing the development of...

The FRC recently commissioned a research project to explore the use of scenario analysis by FTSE350 companies. The objective is to learn more about the processes through which companies develop their scenario analyses and how the outcomes influence strategic planning and decis...

The UK Corporate Governance Code asks companies to report on their engagement with the workforce. The Financial Reporting Council (FRC) has today published research by Royal Holloway, University of London and the Involvement and Participation Association which found that many ...

Today, the FRC has issued Amendments to FRS 101 – 2020/21 cycle (PDF), which brings to a close the 2020/21 annual review of FRS 101 Reduced Disclosure Framework.

The Financial Reporting Council (FRC) will be hosting an international conference in June entitled Audit Firm Culture: Challenge. Trust. Transformation to explore the link between audit firm culture and audit quality with the objective of accelerating the pace of change for cu...

Today the FRC has issued revised International Standard for Review Engagement (UK) 2410 (ISRE (UK) 2410) Review of Interim Financial Information Performed by the Independent Auditor of the Entity.