News

This page list press notices and announcements issued by the FRC.

1871 pages found.

• Annual review recognises continued high standards of corporate reporting

  The Financial Reporting Council (FRC) has today published its Annual Review of Corporate Reporting 2025/26. The review found that the quality of corporate reporting by FTSE 350 companies has been maintained, while the gap in quality between larger listed

  29 September 2026

• FRC publishes final revisions to UK standards on using the work of an auditor’s expert

  The Financial Reporting Council (FRC) revised one UK auditing and one UK assurance standard to maintain alignment with changes made to equivalent international standards issued by the International Auditing and Assurance Standards Board (IAASB).

  23 September 2026

• Investigations into the conduct of an individual accountant and regarding the audits of State Oil Limited (part of the Prax Group)

  11 September 2026

• FRC sets out vision for modern and effective regulation

  The Financial Reporting Council (FRC) has today published an update to Our Approach to Regulation, setting out how the FRC’s regulatory approach will continue to support growth, build trust and drive confidence in UK markets.

  3 September 2026

• FRC makes minor amendment to Auditor Regulatory Sanctions Procedure and the Crown Dependencies’ Recognised Auditor Sanctions Procedure

  The Financial Reporting Council (FRC) is to make a minor amendment to the Auditor Regulatory Sanctions Procedure (ARSP) and Crown Dependencies' Recognised Auditor Sanctions Procedure (CD RASP).

  30 July 2026

• Investigations into the conduct of individual accountants and regarding an audit of John Wood Group plc

  30 July 2026

• FRC shares insights into materiality in corporate reporting

  The Financial Reporting Council (FRC) has today published insights to support boards, preparers and investors in the application, and assessment, of materiality within corporate reporting.

  29 July 2026

• Sanctions against Ernst & Young LLP and Ms Julie Carlyle

  Executive Counsel to the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice under the Audit Enforcement Procedure, imposing sanctions on Ernst & Young LLP (EY) and Julie Carlyle (Ms Carlyle), Audit Engagement Partner, in relat

  28 July 2026

• Draft 2027 Taxonomy Suite published

  The Financial Reporting Council (FRC) has today published a draft version of the 2027 Taxonomy Suite for public consultation.

  27 July 2026

• FRC Annual Enforcement Review highlights lessons to strengthen audit market

  The Financial Reporting Council (FRC) today published its Annual Enforcement Review 2026, setting out key findings from its enforcement activity in the year.

  23 July 2026

• FRC Annual Review of Audit Quality equips investors and audit committees to make better decisions

  The Financial Reporting Council (FRC) has today published its Annual Review of Audit Quality (ARAQ) 2026. The ARAQ provides a market-wide assessment of audit quality and is designed to support better decision-making by audit firms, audit committees and ot

  22 July 2026

• Sanctions against PricewaterhouseCoopers LLP and Mr John Waters

  Executive Counsel of the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice (FSDN) under the Audit Enforcement Procedure and imposed sanctions against PricewaterhouseCoopers LLP (PwC) and John Waters, audit engagement partner,

  16 July 2026

• FRC publishes revised Third Country Auditor directions

  The Financial Reporting Council (FRC) has issued revised Third Country Auditor (TCA) directions to temporarily enable audits of Chinese-registered entities, listing Global Depositary Receipts (GDRs) on the Shanghai/Shenzhen Stock Connect (Stock Connect) s

  15 July 2026

• FRC Annual Report highlights year of innovation and evolving regulatory approach

  The Financial Reporting Council (FRC) has today published its Annual Report and Accounts for 2025/26, covering the period 1 April 2025 to 31 March 2026. The report reflects a year of substantial change, with the FRC continuing to enhance the regulatory en

  13 July 2026

• Dame Jayne-Anne Gadhia DBE CVO named as Business Secretary’s candidate for FRC Chair

  The Secretary of State for Business and Trade, Rt Hon Peter Kyle MP, has today named Dame Jayne-Anne Gadhia DBE CVO as the government’s preferred candidate for Chair of the Financial Reporting Council, succeeding Sir Jan du Plessis.

  13 July 2026