News

The FRC is starting the next periodic review of FRS 102 (and other UK and Ireland accounting standards). Part of this process is seeking views from stakeholders on areas that might be considered as part of the review. 

Following publication of the Government’s consultation Restoring trust in audit and corporate governance the FRC will be hosting a series of webinars and roundtables to provide further insight on key aspects of the consultation and to provide interested stakeholders with an op...

The Financial Reporting Council (FRC) has today welcomed the announcement by the Chair of the UKEB, Pauline Wallace, that ten new members have been appointed to form the inaugural Board.

The Financial Reporting Council (FRC) welcomes the consultation launched today by the Department for Business, Energy, and Industrial Strategy (BEIS) - Restoring trust in audit and corporate governance to reform the UK’s audit, corporate reporting and corporate governance system.

If your organisation is applying to become a signatory to the Stewardship Code this spring, then the first assessment deadline for Stewardship Reports for asset managers and service providers is two weeks away - 31 March 2021. Asset owners have until 30 April 2021 to submit th...

The Financial Reporting Council CEO, Sir Jon Thompson will be taking part in an ‘In Conversation’ webinar with the ICAEW’s CEO Michael Izza.

Investors, analysts and other users of insurance company accounts are invited to attend a webinar on IFRS 17 – UK endorsement.

The Financial Reporting Council (FRC) has commenced an investigation into the audits by Deloitte LLP (“Deloitte”) of the financial statements of Lookers plc (“Lookers”) for the years ended 31 December 2017 and 2018.

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.

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.