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806 results found.

Selected Topics

  • Auditing
  • FRC publishes Audit Quality Inspection Reports on Crowe Clark Whitehill LLP and Grant Thornton UK LLP

    News

  • Investigation announced into ICAEW members and member firms in connection with RSM Tenon Group Plc

    News

  • UK Sustainability TAC issues final recommendations

    The Financial Reporting Council (FRC), in its role as the Secretariat to the UK Sustainability Disclosure Technical Advisory Committee (the TAC’), has published the Committee’s final recommendations to the Secretary of State for Business and Trade, recomm

    News

    18 December 2024

  • FRC publishes inspection findings for the Tier 2 and 3 audit firms

    News

    16 December 2024

  • FRC offers advice on conducting effective audit tenders

    News

    13 December 2024

  • FRC publishes emerging findings from NHS audit market study

    The Financial Reporting Council (FRC) has today published initial feedback on its market study into the audit market for NHS providers and Integrated Care Boards (ICBs). Launched in July 2024 in response to growing concerns about challenges NHS bodies are

    News

    12 December 2024

  • In Conversation: Mutual Recognition Agreements

    In this In Conversation podcast episode, Daniel Ellis, Senior Public Affairs Manager, is joined by Alison Stiles, Project Manager in the Professional Bodies Supervision team, to discuss the FRC’s work on Mutual Recognition Agreements (MRAs) and the recent

    News

    11 December 2024

  • Sanctions against Crowe UK LLP and Nigel Bostock

    The Executive Counsel of the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice (FSDN) under the Audit Enforcement Procedure and imposed sanctions against Crowe UK LLP (Crowe) and Nigel Bostock, in relation to the statutory au

    News

    10 December 2024

  • Audit market competition update sets out FRC’s evolving approach

    The Financial Reporting Council (FRC) has today published its annual Audit Market and Competition Update for 2024, highlighting developments in the UK audit market and setting out the FRC’s evolving approach to competition.

    News

    4 December 2024

  • FRC issues updated suite of factsheets for FRS 102

    The Financial Reporting Council has today issued an updated suite of factsheets on aspects of FRS 102. The updated factsheets follow the Periodic Review 2024 amendments to FRS 102 and other FRSs, and provide additional guidance to support stakeholder repo

    News

    27 November 2024

  • FRC approves CIPFA Diploma in Local Audit

    The Financial Reporting Council (FRC) has today announced the Chartered Institute of Public Finance and Accountancy’s (CIPFA) Diploma in Local Audit as pre-approved local audit specialist training.

    News

    20 November 2024

  • FRC publishes report on quality of major local audits ahead of system reset

    The Financial Reporting Council (FRC) has today published its annual report on the quality of major local audits which also sets out how it will continue to support the local audit system to recover from delays in the publication of audited accounts.

    News

    19 November 2024

  • In Conversation: Local audit backlog measures and audit opinions

    In our latest In Conversation podcast episode, Kate O’Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined by Mark Babington, Executive Director of Regulatory Standards, as well as Mike Newbury, Director of Local Audit Code and Guida

    News

    15 November 2024

  • Sanctions against Amanda Nightingale (née Cleaver)

    The Executive Counsel of the Financial Reporting Council (FRC) has entered into a Settlement Agreement with Ms Nightingale, under the terms of the Accountancy Scheme and imposed significant sanctions in respect of her conduct in her role as the Senior Man

    News

    14 November 2024

  • FRC publishes local audit specialist training criteria

    The Financial Reporting Council (FRC) has today published the criteria to assess local audit specialist training developed by Recognised Qualifying Bodies (RQBs), training providers and audit firms.

    News

    13 November 2024

  • One year on: In Conversation with FRC CEO, Richard Moriarty

    Richard Moriarty reflects on his first year leading the FRC in this In Conversation podcast episode, hosted by Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs. Richard and Kate discuss the FRC’s milestones from the past twelve month

    News

    21 October 2024

  • In Conversation: Understanding the Escalated Reporting Framework in Local Audit

    In this latest 'In Conversation' podcast episode, Daniel Ellis, Senior Public Affairs Manager is joined by Ellen Millington, Senior Project Manager in the FRC's Local Audit team to discuss the recently launched Escalated Reporting Framework (ERF) and how

    News

    17 October 2024

  • FRC publishes emerging findings from sustainability assurance market study

    The Financial Reporting Council (FRC) has today published initial feedback on its market study into assurance of sustainability reporting. Launched in March 2024, this is the first market study carried out by the FRC. Led by the FRCs recently established

    News

    15 October 2024

  • Big Four audit firms conclude transition period of operational separation

    News

    10 October 2024

  • Webinar Invitation: Annual Review of Corporate Reporting 2023/24

    The Financial Reporting Council (FRC) invites stakeholders to attend an upcoming webinar on its recently published Annual Review of Corporate Reporting on Thursday 17 October 2024, 10:00-11:00.

    News

    2 October 2024

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