News

News

29 June 2018
FRC welcomes the IFoA consultation launch on enhanced system to promote the quality of actuarial work
News - Actuarial
28 June 2018
The Financial Reporting Council (FRC) has commenced an investigation into the audit by Deloitte LLP (Deloitte) of the financial statements of SIG plc (SIG) for the years ended 31 December 2015 and 2016. 
News - Auditing - Discipline
26 June 2018
The FRC has today issued a consultation on proposed amendments to the FRC Taxonomies to support the objectives of enhancing the quality and accessibility of financial reporting in the UK and to enable digital reporting of IFRS and UK GAAP standards.
News - Accounting - Corporate Reporting - Financial Reporting
25 June 2018
The FRC has recently conducted a review of AS TM1 assumptions and in line with the above objectives it has concluded that no change is required at present and that version 4.2 of AS TM1 (the current version) will continue to remain in force and applicable
News - Actuarial
25 June 2018
The FRC has today withdrawn Practice Note 26 – Guidance on Smaller Entity Documentation. The current version of the Practice Note was issued in December 2009, and no longer supports the documentation requirements of a high quality audit.
News - Auditing
22 June 2018
Sir Win Bischoff, Chairman FRC, speaks on corporate reporting at the FRC's Financial Reporting Lab's Conference, Reporting Now!
News - Corporate Reporting
22 June 2018
Investors are calling on companies to reassess how they report their performance metrics, according to a new report from the Financial Reporting Lab (the Lab).
News - Corporate Reporting - Financial Reporting
21 June 2018
Following a fantastic response to our call for nominations The Financial Reporting Council is pleased to announce the membership of our new Investor Advisory Group (“IAG”).
News - Accounting - Auditing - Corporate Governance - Corporate Reporting - Financial Reporting - Investor Stewardship
21 June 2018
The Financial Reporting Council (FRC) has excluded Russell McBurnie, former Finance Director of RSM Tenon Group plc (RSM Tenon), from the accountancy profession for a recommended period of five years. In addition, Mr McBurnie has been fined £60,000 (reduced to £57,000 for sett...
News - Accounting - Auditing - Discipline
19 June 2018
Publication of the Financial Reporting Lab’s report on blockchain
News - Accounting - Corporate Governance - Corporate Reporting - Financial Reporting - Investor Stewardship
   
4