News

News

4 May 2017
The Financial Reporting Council (FRC) has commenced an investigation under the Audit Enforcement Procedure into the conduct of KPMG Audit Plc, in relation to the audit of the financial statements of Rolls-Royce Group plc for the year ended 31 December 2010 and of Rolls-Royce H...
News - Auditing - Discipline
2 May 2017
The Financial Reporting Lab (the Lab) has today published a report which sets out a framework for future digital reporting. This is the first in a series of reports on the Lab’s Digital Future project
News - Financial Reporting
27 April 2017
The FRC has issued a discussion paper which considers the role of auditors and preliminary announcements of annual results, with a particular focus on the LSE main market.
News - Auditing
26 April 2017
The FRC has issued a paper inviting stakeholder comments on proposals to update guidance on obtaining bank reports for audit purposes.
News - Auditing
26 April 2017
The International Auditing and Assurance Standards Board (IAASB) is consulting on a proposal to revise its standard for the audit of accounting estimates and related disclosures (ED-540).
News - Auditing
24 April 2017
Grant Thornton UK LLP (“GT”) and Robert Napper (a retired GT Partner) (together, the “Respondents”), have admitted Misconduct and agreed to fines and other sanctions.
News - Discipline
13 April 2017
The FRC has today launched a consultation on proposed revisions to Practice Note 15. The consultation runs until 30 June 2017.
News - Auditing
12 April 2017
Ahead of the 2017 shareholder meeting season, the FRC is highlighting some recent developments in reporting that may be of interest to investors
News - Investor Stewardship
5 April 2017
The Committee recognises the important role of the FRC in policing corporate behaviour and supports our call for more powers to be able to hold directors to account for their responsibilities under Section 172 of the Companies Act.
News - Corporate Governance
3 April 2017
The Conduct Committee has approved a revised set of its operating procedures for reviewing corporate reporting following a public consultation.
News - Corporate Reporting
    
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