News

The FRC has today issued an update on the progress of its periodic review of UK and Ireland accounting standards, as at April 2022. To support the review, the FRC will be holding a series of roundtables so that stakeholders can have their say on specific topics.

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

The UK Endorsement Board (UKEB) has today launched its campaign to recruit members of its Preparer Advisory Group and Academic Advisory Group.

The FRC recently celebrated the ten-year anniversary of the Financial Reporting Lab (Lab). Over the years, the Lab has provided practical solutions to reporting issues and has worked with over 250 companies and investors.  As the reporting landscape becomes more complex and in...

The  UK Edorsement Board (UKEB) is undertaking a research project to analyse the impact of potential changes to the subsequent measurement of goodwill under IFRS. 

The Financial Reporting Council (FRC) has today announced the appointment of Neil Harris as the FRC’s first Director of Local Audit.

The FRC has today published an updated list of signatories to the UK Stewardship Code. This now includes successful applicants who submitted their report at the end of October 2021. The FRC received 105 applications which was substantially more than expected, of which 74 were ...

The UK Endorsement Board (UKEB) has launched a campaign to recruit over 50 advisory group members to input into the UKEB’s technical decision-making and international influencing work.

The FRC has imposed sanctions against KPMG LLP and Mr Michael Neil Frankish in relation to their audits of Revolution Bars Group Plc for the financial years ended 30 June 2015 and the 53 weeks ended 2 July 2016. Mr Frankish performed the role of Audit Engagement Partner in res...

The Financial Reporting Council (FRC) has today issued a consultation on proposed changes to its statutory Guidance to the Recognised Supervisory Bodies (RSBs) on the recognition of Key Audit Partners for local audit.   The changes have been proposed to address a recommendat...