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Items tagged with "FRC"

Avoiding the pantomime horse? Co-ordinating narrative reporting and financial statements

We enjoyed a recent item in Financial Director, reporting on concerns from the Financial Reporting Council (FRC). It has found that climate and other environmental, social and governance (ESG) commitments outlined in narrative and financial reporting do not always match.

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Financial Reporting Lab celebrates first decade and looks to future

The UK Financial Reporting Council’s Financial Reporting Lab is celebrating its tenth birthday, and ICAEW has marked the occasion with an interview with its Director, Phil Fitz-Gerald.

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Going digital: FRC offers advice on structured reporting transition for ESEF filers

A highly useful new report from the UK Financial Reporting Council’s Financial Reporting Lab aims to support companies in the move towards high-quality digital reporting.

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FRC issues 2022 taxonomy suite

The UK Financial Reporting Council (FRC) has published its final suite of updated taxonomies for 2022, having released them for consultation in August. The most notable change is the integration of the Streamlined Energy and Carbon Reporting (SECR) taxonomy, used for mandatory emissions reporting.

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FRC Financial Reporting Lab calls for participants in ESG project

If you are engaged in environmental, social, and governance (ESG) reporting in the UK, you may like to get in touch with the Financial Reporting Council’s Financial Reporting Lab. It is seeking companies, service and systems providers, investors and any other interested parties to participate in a new project looking at how companies produce ESG […]

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Digital reporting in the UK: state of play and resources for companies

The Financial Reporting Council (FRC) Financial Reporting Lab has published the results of a survey carried out in May 2021.

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UK FRC reviews climate reporting under SECR

The UK’s Streamlined Energy and Carbon Reporting (SECR) rules, which came into effect from 1 April 2019, provide an interesting example of mandatory climate reporting and potential insights for other jurisdictions implementing similar regimes.

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FRC examines reporting needs on risks and opportunities

What do investors want to understand about risks, uncertainties, opportunities and scenarios? That’s a big – and fascinating – question, and one which the UK Financial Reporting Council’s Financial Reporting Lab has tackled in its latest report, seeking to bridge the gap between the information that users want and that companies provide.

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FRC seeks comments on draft 2022 taxonomies suite

For those interested in reporting in the UK, the Financial Reporting Council (FRC) has issued its draft XBRL taxonomies suite for 2022 on the Yeti taxonomy viewer.

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News Item

Feedback wanted on UK readiness for ESEF

Is the UK ready to implement the Inline XBRL-based European Single Electronic Format (ESEF)? What has the experience of filers been like so far, and what further support is needed? If you have thoughts, the UK Financial Reporting Council (FRC) wants to hear them!

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