News

News

10 July 2017
Audit committee members, companies, investors and audit firms are being invited to participate in pilot project of the Audit and Assurance Lab, to explore the role of Audit Committee reporting in promoting audit quality.
News - Auditing
30 June 2017
Today the Financial Reporting Council (FRC) published a feedback statement summarising respondents’ comments to its Consultation Document on updating FRS 102 for changes in IFRS. The statement also sets out the FRC’s revised approach
News - Accounting
29 June 2017
The Financial Reporting Council (FRC) has today published a final list of the names of companies whose audits have been reviewed by the FRC’s Audit Quality Review team in 2016/17
News - Audit Monitoring - Auditing
29 June 2017
Following completion of initial enquiries, the Financial Reporting Council (FRC) has commenced an investigation under the Audit Enforcement Procedure into the audits by PricewaterhouseCoopers LLP of the consolidated financial statements of BT Group plc
News - Auditing - Discipline
26 June 2017
The FRC has today launched a public consultation on revised material to make auditors aware of their responsibilities under UK law with respect to money laundering
News - Auditing
15 June 2017
The quality of audits of FTSE 350 companies in the UK is improving, according to the latest audit reviews undertaken by the Financial Reporting Council (FRC). 81% of FTSE 350 audits reviewed in 2016/17 were categorised as requiring no more than limited improvements, compared t...
News - Audit Monitoring - Auditing
12 June 2017
The Financial Reporting Council (FRC) today announces the outcome of the disciplinary cases relating to Mr John Anthony Mehigan, Mr Philip Collins and Hillier Hopkins LLP, respectively members and a member firm, of the Institute of Chartered Accountants in England and Wales (“...
News - Accounting - Discipline
8 June 2017
The Lab announces a call for participants for its next project, Digital Future: Data
News - Accounting - Investor Stewardship
5 June 2017
The Financial Reporting Council (‘FRC’) announces the closure of its investigation into the conduct of PricewaterhouseCoopers LLP (‘PwC LLP’) and certain Members of the Institute of Chartered Accountants in England and Wales in their capacity as auditors of Tesco plc (‘Tesco’).
News - Auditing - Discipline
31 May 2017
The Financial Reporting Council (FRC) has today published the report of the Independent Tribunal in relation to the misconduct of PwC and Stephen Harrison, a retired PwC audit partner, in respect of the 2009 audit of Connaught plc
News - Accounting - Auditing - Discipline
    
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