News

News

4 July 2018
The Financial Reporting Council (FRC) announces that Mike Suffield will be acting Executive Director of Audit and Actuarial Regulation following confirmation that Melanie Hind is stepping down to take up a family opportunity overseas. Mike Suffield will join the FRC’s Executiv...
News - Accounting - Actuarial - Auditing
3 July 2018
The Financial Reporting Council (FRC) has commenced an investigation into the audit by KPMG LLP (KPMG) of the financial statements of Conviviality plc (Conviviality) for the 52 weeks ended 30 April 2017. The investigation will be conducted under the Audit Enforcement Procedure.
News - Discipline
30 June 2018
The Financial Reporting Council (FRC) has today confirmed that Melanie Hind, Executive Director, Audit and Actuarial Regulation, is stepping down from her role to take up a family opportunity overseas
News - Structure
29 June 2018
The FRC has published its first list of companies whose reports and accounts have been reviewed by its Corporate Reporting Review function.
News - Accounting - Auditing - Corporate Reporting - Financial Reporting
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The FRC has today withdrawn Practice Note 26 – Guidance on Smaller Entity Documentation.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
      
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