FRC

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AuditFRCUK

FRC reports continued improvement in audit quality but further action needed

The UK’s Financial Reporting Council (FRC) has released its annual inspection and supervision results for the largest audit firms, including BDO, Deloitte, EY, Grant Thornton, KPMG, Mazars, and PwC. The report reveals that 77% of audits inspected were deemed good or required only limited improvement, representing a consistent year-on-year improvement over the past four years.

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DisclosureFRCUK

FRC highlights importance of comprehensive dividend disclosure

By Editor

Dividends play a crucial role in the investment landscape, and the Financial Reporting Council (FRC) has emphasised the significance of comprehensive disclosure in this area. In a recent report, the FRC underscores the need for companies to go beyond mere disclosure of dividend amounts and provide deeper insights into their dividend policies and practices.

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ACCAuditESGFRCUK

Audit committee chairs clued-in to ESG reporting

By Editor

The UK’s Financial Reporting Council (FRC) has released a research report exploring the perspectives and approaches of Audit Committee Chairs (ACCs) towards Environmental, Social, and Corporate Governance (ESG) activities and reporting.

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ARGAAuditFRCUK

FRC publishes minimum standard for audit committees

By Editor

The Financial Reporting Council (FRC) has released the Audit Committees and the External Audit: Minimum Standard, designed to enhance audit quality and reinforce public trust in the financial reporting process. The standard provides clear expectations and guidelines for audit committees within the FTSE350, supporting the delivery of high-quality audits.

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DigitalFRCTaggingUK

FRC prioritises digital reporting as most impactful technology

By Editor

The UK’s Financial Reporting Council (FRC) has identified digital reporting and tagging, including of ESG (Environmental, Social, and Governance) information, as a high priority area for its technology and digital strategy.

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AIChatGPTFRCUK

The Lab looks at AI

By Editor

The UK Financial Reporting Council’s Lab – designed as a workshop space for investors and companies to work together on solutions for reporting needs – has published its latest insight into emerging artificial intelligence in reporting.

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FRCTaxonomyUK

FRC fixes 2023 taxonomy with re-release

By Editor

The UK Financial Reporting Council (FRC) has re-released an updated version of the 2023 taxonomy suite following an issue.

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ESGFRCUK

FRC update ESG intentions

By Editor

The UK’s Financial Reporting Council (FRC), which published its first Statement of Intent on Environmental, Social and Governance (ESG) in 2021, has updated its earlier statement setting out the areas that remain challenging in ESG reporting.

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ESGFRCSustainabilityUK

Webinar to take stock of UK progress on ESG reporting

By Editor

The UK’s Financial Reporting Council’s (FRC) has an upcoming webinar, that will analyse what has been achieved so far, and what comes next for environmental, social and governance (ESG) reporting in the UK.

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AuditFRCRegulator

FRC aims to increase audit competition

By Editor

As part of the Financial Reporting Council’s (FRC) ongoing work to strengthen oversight of audit, this week it published a high-level policy paper outlining a number of recommendations to increase competition in the UK audit market.

Items tagged with "FRC"

FRC reports continued improvement in audit quality but further action needed

FRC highlights importance of comprehensive dividend disclosure

Audit committee chairs clued-in to ESG reporting

FRC publishes minimum standard for audit committees

FRC prioritises digital reporting as most impactful technology

The Lab looks at AI

FRC fixes 2023 taxonomy with re-release

FRC update ESG intentions

Webinar to take stock of UK progress on ESG reporting

FRC aims to increase audit competition

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FRC

Items tagged with "FRC"

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