Agreement allows for joint work on inspections and exchanges of otherwise confidential information Read More...
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View articleTaken together, FRC and Competition Commission audit proposals will cost accountants and businesses £100m a year Read More...
View articleAmerica's accountancy watchdog wants auditors to reveal more information about the listed companies they audit Read More...
View articleFRC warns five year tendering could result in a "sham process" that will undermine competition Read More...
View articleFRC is to scrutinise Grant Thorton's auditing of Manchester Building Society and drinks company Nichols Read More...
View articleFRC closes investigation because no realistic prospect that a tribunal will make an adverse finding to undertaken so long ago Read More...
View articleA group of five MEPs call for a review of IFRS' compatibility with European company law Read More...
View articleCity watchdog finds Royal Bank of Scotland failed to properly report 44.8 million trades between November 2007 and February 2013 Read More...
View articleAuditors to bid for work every five years under new competition rules; but avoid mandatory rotation Read More...
View articleGlobal standard setter puts draft of the conceptual framework revisions out for discussion Read More...
View articleTotal expenditure in 2012/13 was £25.5m, driven up by a rise in disciplinary case costs Read More...
View articleUS decision to prohibit mandatory audit rotation sends "clear message" to end debate in Europe Read More...
View articleRichard Fleck, chair of the FRC's conduct committee, is to step down at the end of the year Read More...
View articleFRC no longer be required to consult with the professional institutes before beginning an investigation under new disciplinary arrangements Read More...
View articleHans Hoogervorst outlines a series of "simple" measures that will improve disclosures in financial reporting Read More...
View articleReporting watchdog questions usefulness of secondary duty of promoting competition between audit firms Read More...
View articleNew rules on the accounting of insurance contracts represent fundamental change according to profession Read More...
View articleExternal auditors told to stay away from internal ones in a bid to safeguard against conflicts of interest Read More...
View articleEuropean Home Retail CEO and Farepak director William Rollason fined and severely reprimanded by the FRC Read More...
View articleAccounting regulator to change going concern proposals in response to criticism from the profession Read More...
View articleCompetition Commission may call in FRC to support measures to break audit dominance of the Big Four Read More...
View articleConcerns raised in the FRC's latest round of audit inspections sound strikingly familar. Why has the profession failed to address them? Read More...
View articleIASB publishes narrow-scope amendments to IAS 36 to address the disclosure of information about recoverable amount of impaired assets Read More...
View articleFRC reports a general improvement in the quality of audit work but identifies several areas of concern Read More...
View articleIFRS Foundation able to cut provision for HMRC tax investigation by £290,000 Read More...
View articleOverhaul of lease accounting rules still complex and could lead to restructuring of lease agreements Read More...
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