News

News

11 September 2017
The Financial Reporting Council (FRC) as the UK’s competent authority for audit contributed to the first report on the EU market for Public Interest Entity (PIE) audit which has now been published.
News - Audit Monitoring - Auditing
31 August 2017
The FRC has today launched its new website with a fresh design and more accessible functionality for stakeholders and has refreshed its mission in line with its work in the public interest to promote transparency and integrity in business.
News - Corporate Governance - Corporate Reporting - Financial Reporting
29 August 2017
The FRC welcomes the Government’s response to its green paper on corporate governance reform and will use the feedback to help inform the development of its consultation on a fundamental review of the UK Corporate Governance Code later this year.
News - Corporate Governance
16 August 2017
PricewaterhouseCoopers LLP (PwC) and Nicholas William Edward Boden, Senior Statutory Auditor and Audit Engagement Partner, have been fined and severely reprimanded after admitting Misconduct in relation to the audit of the financial statements of RSM Tenon Group plc, for the f...
News - Auditing - Discipline
15 August 2017
The Financial Reporting Council’s (FRC) consultation on amendments to its Guidance on the Strategic Report, published today, encourages businesses to consider the interests of stakeholders. 
News - Financial Reporting - Narrative Reporting
10 August 2017
The outcome of the disciplinary case relating to Mr James Rakow, an associate partner with Deloitte LLP, in connection with his provision of actuarial services to Equity Syndicate Management Limited (ESML) and Syndicate 218 in respect of the financial years ending 31 December ...
News - Actuarial - Discipline
9 August 2017
The former Finance Director of Tech Data Limited (formerly known as Computer 2000 Distribution Limited (C2000)), Philip John James, has admitted misconduct and agreed to a fine and exclusion from the profession in relation to the preparation and approval of the financial state...
News - Accounting - Discipline
3 August 2017
Last year the Financial Reporting Council (FRC) categorised signatories to the Stewardship Code into tiers based on the quality of their Code statements. Over the past 18 months, the majority of signatories significantly improved their statements, but some remained in Tier 3, ...
News - Investor Stewardship
1 August 2017
The Financial Reporting Council (FRC) has today announced that the scope of the investigation under the Actuarial Scheme in connection with the pension schemes of various companies within the Guinness Peat Group (now renamed Coats Group plc), has been amended to include the co...
News - Actuarial - Discipline
31 July 2017
An investigation into the audit by Deloitte LLP of the financial statements of Mitie Group plc has been announced by the Financial Reporting Council (FRC).
News - Discipline
         
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