News

The Secretary of State for Business, Energy and Industrial Strategy (BEIS), in exercise of the powers conferred by statutory instrument 2019/685*, adopted on 5 January 2021, the following amendments to international accounting standards for use within the United Kingdom.

The FRC has today published the report of the independent Disciplinary Tribunal detailing its findings of Misconduct by Deloitte and former partners Richard Knights and Nigel Mercer together with sanctions, in relation to the audits of the published financial reporting of Auto...

The UK Endorsement Board has launched a new website to keep stakeholders up to date with key developments.

The Financial Reporting Council (FRC) is pleased to invite you to a webinar to hear further details about its recent publication 'using technology to enhance audit quality'. 

AS TM1 accumulation rate survey.

The FRC has today issued guidance for preparers using IFRS, and their auditors, to explain the basis of accounts preparation, where an entity has a financial period which straddles the end of the transition period.

The Financial Reporting Council (FRC) has today launched a consultation on the proposed revision of the standards for an audit firm’s responsibilities to design, implement and operate a system of quality management.

The FRC has approved a request by ICAS to surrender their status as a Recognised Supervisory Body (RSB) under the Local Audit and Accountability Act 2014.

The Financial Reporting Council has today issued Amendments to UK and Republic of Ireland accounting standards (UK exit from the EU) and amendments to FRS 102 (interest rate benchmark reform phase 2).

The FRC has responded to the IFRS Foundation’s Consultation Paper on Sustainability Reporting.