News

The Financial Reporting Council (FRC) is undertaking a major project to inspire the future of corporate reporting and, as part of this project, is seeking stakeholders’ views to help shape and improve information for all users of corporate reports.

The Financial Reporting Lab has released its latest newsletter for Q3 2019.

Companies have responded positively to newly introduced reporting requirements for Revenue Recognition and Financial Instruments but there is still considerable scope for them to improve the quality of their annual report disclosures. The findings relate to three thematic revi...

The Financial Reporting Council (FRC) has kicked off a new recruitment drive as it expands its roles and responsibilities to improve trust and transparency in business.  

The Financial Reporting Council’s new leadership team of Simon Dingemans and Sir Jon Thompson have taken up their respective leadership roles as Chair and Chief Executive.

The Financial Reporting Council (FRC) has commenced an investigation into the audit by EY of the financial statements of Thomas Cook Group Plc (Thomas Cook) for the year ended 30 September 2018.

Revised Going Concern Standard

The FRC has published the latest list of companies whose reports and accounts have been reviewed by its Corporate Reporting Review function.

Transparency reporting by accountancy firms performing audits is currently ineffective with a lack of awareness amongst investors and Audit Committee Chairs that the reports even exist and many being used as a marketing exercise, according to a review from the Financial Report...