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Items tagged with "FRC"

FRC prioritises digital reporting as most impactful technology

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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The Lab looks at AI

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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FRC fixes 2023 taxonomy with re-release

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

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FRC update ESG intentions

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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Webinar to take stock of UK progress on ESG reporting

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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FRC aims to increase audit competition

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.

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UK gets updated taxonomies from FRC and BoE

The UK Financial Reporting Council (FRC) has issued its 2023 Taxonomy Suite.

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FRC Lab offers tips for net zero disclosures

The UK Financial Reporting Council’s FRC Lab has released a new report on net zero disclosures, offering companies tips and questions to consider in communicating their net zero commitments.

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What needs to be done on data quality? FRC reviews first mandatory ESEF year

The FRC Lab reports on lessons learnt from the first year of mandatory digital reporting in the UK. It finds that many companies are rising to the challenge of the ESEF format, and points the way forward on more that needs to be done on data quality.

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FRC responds on ISSB sustainability reporting taxonomy

The International Sustainability Standards Board (ISSB) continues seeking feedback on the IFRS Sustainability Disclosure Taxonomy, with comments due by 30 September 2022, and we urge the XBRL community to engage on the taxonomy’s future development.

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