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175 results found.

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  • Assurance
  • UKEB seeks stakeholder views on IASB's standard: IFRS 18 Presentation and Disclosure in Financial Statements

    Issued on behalf of the UKEB: IFRS 18 UKEB webinar recording and surveys; UKEB welcomes the IASB’s publication of its Exposure Draft (ED) Climate-related and Other Uncertainties in the Financial Statements; Share your experience of the UKEB Website.

    News

    2 August 2024

  • IASB Exposure Draft Business Combinations—Disclosures, Goodwill and Impairment – UKEB Final Comment

    The UKEB has published its Final Comment Letter and Feedback Statement in response to the IASB’s Exposure Draft on Business Combinations—Disclosures, Goodwill and Impairment. The UKEB is broadly supportive of the proposals, however our Final Comment Lette

    News

    26 July 2024

  • FRC launches market study on NHS audit market

    The Financial Reporting Council (FRC) has today announced the launch of a comprehensive market study into the audit market for NHS providers and Integrated Care Boards (ICBs). This initiative is in response to growing concerns about difficulties NHS bodie

    News

    25 July 2024

  • FRC Annual Report highlights continued progress in improving standards of audit, financial and corporate reporting to support UK corporate growth

    The Financial Reporting Council (FRC) has today published its Annual Report and Accounts for 2023/24. The report underscores the FRC’s ongoing commitment to improving audit quality and corporate reporting in the UK while adapting to evolving market needs

    News

    24 July 2024

  • UKEB Outreach on the IASB’s IFRS 18 Presentation and Disclosure in Financial Statements

    The IASB published IFRS 18 Presentation and Disclosure in Financial Statements with an effective date of annual reporting periods beginning on or after 1 January 2027, subject to adoption in the UK by the UKEB. As part of UKEB’s endorsement and adoption w

    News

    16 July 2024

  • Sanctions against MacIntyre Hudson LLP, Deborah Weston and Geeta Morgan

    The Executive Counsel of the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice under the Audit Enforcement Procedure (AEP) and imposed sanctions against MacIntyre Hudson LLP (MHA), Deborah Weston (Ms Weston) a former partner

    News

    9 July 2024

  • Roundtable invitation: Assurance of Sustainability Reporting Market Study

    On the 21 March 2024, the Financial Reporting Council (FRC) announced the launch of a market study into the market for the assurance of sustainability reporting (sustainability assurance). The FRC invites stakeholders to take part in two focused roundtabl

    News

    3 May 2024

  • Webinar Reminder: FRC revisions to FRS 102 - UK & Ireland accounting standards

    The Financial Reporting Council (FRC) invites stakeholders to attend an upcoming webinar on its recent revisions to FRS 102 on Wednesday 15 May 2024, 11:00-12:00 (BST).

    News

    25 April 2024

  • FRC revises UK and Ireland accounting standards

    The Financial Reporting Council (FRC) has today issued comprehensive improvements to financial reporting standards applicable in the UK and Republic of Ireland which are used by an estimated 3.4 million businesses.

    News

    27 March 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 announces areas of supervisory focus for 2024/25

    News

    6 December 2023

  • FRED 85 Draft amendments to FRS 101 Reduced Disclosure Framework – 2023/24 cycle

    The FRC has today issued FRED 85 Draft amendments to FRS 101 Reduced Disclosure Framework – 2023/24 cycle.

    News

    5 December 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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