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806 results found.

Selected Topics

  • Auditing
  • Outcome of disciplinary case in connection with Presbyterian Mutual Society

    News

    19 April 2024

  • Sanctions against Grant Thornton UK LLP

    Pursuant to the Auditor Regulatory Sanctions Procedure, and following an inspection by the Financial Reporting Council (FRC)’s Audit Quality Review (AQR) team, the FRC’s Enforcement Committee (Committee) has concluded that Grant Thornton UK LLP failed to

    News

    8 April 2024

  • UK and Australia audit authorities sign mutual recognition agreement in further boost to UK audit market

    The UK’s Financial Reporting Council (FRC) and the Australian Securities and Investment Commission (ASIC) have today announced a Memorandum of Understanding on Reciprocal Arrangements (MOURA) making it easier for auditors to work between both countries.

    News

    28 March 2024

  • FRC launches market study on UK sustainability assurance market

    The Financial Reporting Council (FRC) has today announced the launch of its first market study to examine the UK market for sustainability assurance services.

    News

    21 March 2024

  • Sanctions against KPMG LLP and audit partner

    The Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice (FSDN) under the Audit Enforcement Procedure and imposed sanctions against KPMG and Adrian Wilcox (the audit engagement partner) in respect of their statutory audit of M&C

    News

    4 March 2024

  • FRC welcomes the appointment of Owen Mapley as the CEO of CIPFA

    News

    16 February 2024

  • FRC takes systemic look at barriers to competition in UK audit market

    The Financial Reporting Council (FRC) has today published a summary of key findings and potential actions from research it commissioned into barriers to entry and growth faced by audit firms in the UK.

    News

    1 February 2024

  • FRC updates the Ethical Standard for Auditors

    News

    15 January 2024

  • FRC Releases New Guidance on Audit Firm Eligibility Criteria

    News

    3 January 2024

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

    News

    13 December 2023

  • UK and Switzerland audit authorities jointly approve mutual recognition of audit qualifications

    News

    12 December 2023

  • FRC publishes report on the quality of major local audits amid delays in local government

    News

    8 December 2023

  • FRC announces areas of supervisory focus for 2024/25

    News

    6 December 2023

  • FRC publishes thematic review of audit sampling

    News

    24 November 2023

  • FRC publishes review of companies’ IFRS 17 disclosures

    The Financial Reporting Council (FRC) has today published its thematic review of companies’ first-time application of IFRS 17, a new and fundamental change in accounting for insurance contracts.

    News

    15 November 2023

  • Webinar and Roundtable Invitation: FRC consultation on proposed revision to ISA (UK) 250 Section A and ISA (UK) 250 Section B

    News

    2 November 2023

  • Sanctions against KPMG LLP, KPMG Audit plc and two former partners

    This Press Notice concerns the outcomes of investigations into the relevant Statutory Auditor(s). No part of this announcement should be treated as making any findings in respect of the conduct of any other persons or entities.

    News

    12 October 2023

  • FRC sets out reporting expectations amidst ongoing economic uncertainty

    News

    5 October 2023

  • FRC Publishes Revised ISA (UK) 505 External Confirmations

    News

    3 October 2023

  • REMINDER: FRC’s Ethical Standard Webinar

    News

    2 October 2023

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