News

The FRC has today issued a revised glossary which now includes a definition for an Other Entity of Public Interest, which has now been approved by the FRC Board.

The Financial Reporting Council (FRC) has today launched a consultation on the proposed revision of its UK standard (ISA (UK) 315 (Revised – June 2016) - Identifying and Assessing the Risks of Material Misstatement Through Understanding the Entity and Its Environment.

The Global Preparers Forum (GPF) is seeking new members from 1 March 2020.

In this episode Phil Fitz-Gerald, Director of the Financial Reporting Lab and Hannah Armitage, Project Manager at the Lab, discuss the Lab's new report on climate reporting.  

David Styles, Director of Corporate Governance, talks about the key highlights of the Annual Review of the UK Corporate Governance Code, which was published earlier this month.

Reporting on workforce-related issues needs to improve to meet investor needs and reflect modern-day workforces according to a new report from the Financial Reporting Council’s (FRC) Financial Reporting Lab (the Lab).

The FRC has today released eight updated ISAs (UK), amended to include conforming amendments arising from the revision of ISA (UK) 540 (Revised) – Auditing Accounting Estimates and Related Disclosures.

Update on FRC investigations in relation to Carillion

The FRC has today welcomed the Chartered Institute of Internal Auditors new Internal Audit Code of Practice issued today to enhance the overall effectiveness of internal audit. 

Companies need to improve their governance practices and reporting if they are to demonstrate their positive impact on the economy and wider society, according to a new report from the Financial Reporting Council (FRC).