FRC announces budget cut for coming year
Regulatory Bodies

FRC announces budget cut for coming year

14y Richard Crump , Writer

FRC announces budget cut for coming year

FRC priorities include exerting greater international influence and revising the corporate governance code Read More...

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Reed Elsevier CFO joins FRC board
People Business

Reed Elsevier CFO joins FRC board

14y Richard Crump , Writer

Reed Elsevier CFO joins FRC board

Mark Armour has served as CFO since 1996 Read More...

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Don’t be so defensive, FRC chief tells audit profession
Audit

Don’t be so defensive, FRC chief tells audit profession

14y Richard Crump , Writer

Don’t be so defensive, FRC chief tells audit profe...

Speaking at an ASIG conference Stephen Haddrill said the profession's defensive stance is "not necessary or appropriate" Read More...

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Worthington Nicholls FD stripped of license in tribunal
Business Regulation

Worthington Nicholls FD stripped of license in tribunal

15y Rachael Singh

Worthington Nicholls FD stripped of license in tri...

Accountancy's regulator excludes former Worthington Nicholls FD Timothy Hunt from the ICAEW for six years Read More...

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KPMG faces FRC investigation over HBOS work
Audit

KPMG faces FRC investigation over HBOS work

15y Richard Crump , Writer

KPMG faces FRC investigation over HBOS work

HBOS whistleblower and a former KPMG partner, Paul Moore, have formally referred KPMG to the FRC Read More...

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FRC hedges bets over audit governance
Accounting Standards

FRC hedges bets over audit governance

15y Richard Crump , Writer

FRC hedges bets over audit governance

FRC governance proposals will restore faith in reporting process, while audit tendering rules signal a split from EC stance Read More...

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Size does matter according to incoming AADB sanctions
Accounting Standards

Size does matter according to incoming AADB sanctions

15y Rachael Singh

Size does matter according to incoming AADB sancti...

AADB issues sanctions consultation which could see firms having to pay massive fines but will inject proportionality into the system Read More...

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Audit: The Next Frontier
Audit

Audit: The Next Frontier

15y Accountancy Age

Audit: The Next Frontier

How can auditors and regulators work together to restore trust in the financial systems, asks Deloitte Touche Tohmatsu’s global director Roger Dassen ...

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FRC consults on revamped stewardship definition
Audit

FRC consults on revamped stewardship definition

15y Accountancy Age

FRC consults on revamped stewardship definition

Financial Reporting Council consultation which could change definition of stewardship in the UK Read More...

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ICAS says FRC audit reforms don’t go far enough
Accounting Standards

ICAS says FRC audit reforms don’t go far enough

15y Rachael Singh

ICAS says FRC audit reforms don’t go far enough

Scottish Institute says FRC reforms should force auditors to give assurance on entire report and not just in exceptions Read More...

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FRC waters down audit tendering rules
Audit

FRC waters down audit tendering rules

15y Rachael Singh

FRC waters down audit tendering rules

The FRC is diluting its proposed plans to force all listed companies to change auditor or explain why they haven’t Read More...

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Accountancy watchdog consults on dishing out heftier fines
Audit

Accountancy watchdog consults on dishing out heftier fines

15y Rachael Singh

Accountancy watchdog consults on dishing out hefti...

The Accountancy and Actuarial Discipline Board has launched a consultation on sanctions guidance for accountants reprimanded at tribunal Read More...

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Fleck takes FRRP chairman role
People Business

Fleck takes FRRP chairman role

15y Santhie Goundar

Fleck takes FRRP chairman role

Richard Fleck moves across from Auditing Practices Board to Financial Reporting Review Panel Read More...

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APB presents auditors with history lesson
Audit

APB presents auditors with history lesson

15y Rachael Singh

APB presents auditors with history lesson

Accountancy Age delves into the eccentric but emotional APB report, pleading with auditors to inject scepticism into their role Read More...

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FRC urges auditors to go back to their roots
Audit

FRC urges auditors to go back to their roots

15y Rachael Singh

FRC urges auditors to go back to their roots

FRC publishes paper urging auditors to consider the original philosophy and principles of auditing - scepticism Read More...

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FRC recruits former FSA director
People Business

FRC recruits former FSA director

15y Rachael Singh

FRC recruits former FSA director

Former FSA director and Aviva non-exec joins Financial Reporting Council board Read More...

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Government gives green light to FRC reforms
Audit

Government gives green light to FRC reforms

15y Rachael Singh

Government gives green light to FRC reforms

FRC pushes ahead with reforms and announces new appointments under the revised structure Read More...

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FRC comes under fire for its motives on disciplinary cases
Accounting Standards

FRC comes under fire for its motives on disciplinary cases

15y Rachael Singh

FRC comes under fire for its motives on disciplina...

FRC annual general meeting sees questions raised as to the motives of its pursuance of cases Read More...

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Senior accounting appointments at FRC
People In Practice

Senior accounting appointments at FRC

15y Kevin Reed , Writer

Senior accounting appointments at FRC

Melanie McLaren and Michelle Sansom take on senior accounting standard roles at FRC Read More...

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FTSE 350 could avoid audit tendering process
Audit

FTSE 350 could avoid audit tendering process

15y Accountancy Age

FTSE 350 could avoid audit tendering process

House of Lords committee meeting hears that FTSE 350 companies could be exempt from mandatory audit rotation Read More...

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FRC sets out priorities for 2012
Accounting Standards

FRC sets out priorities for 2012

15y Richard Crump , Writer

FRC sets out priorities for 2012

Main areas will include the introduction of a revised corporate governance code and new UK accounting framework UK GAAP by 2015 Read More...

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FRC: New accounting framework expected in 2015
Audit

FRC: New accounting framework expected in 2015

15y Rachael Singh

FRC: New accounting framework expected in 2015

Draft proposals show FRC wants new reporting framework UK GAAP to come into effect in 2015 and hopes to strengthen disciplinary powers Read More...

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QC appointed executive counsel at accounting watchdog
Practice Regulation

QC appointed executive counsel at accounting watchdog

15y Nick Huber

QC appointed executive counsel at accounting watch...

Gareth Rees QC, an expert in financial crime and regulation, will start new role at Accountancy and Actuarial Discipline Board in March Read More...

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Standard Life Investments CEO takes FRC role
People Business

Standard Life Investments CEO takes FRC role

15y Accountancy Age

Standard Life Investments CEO takes FRC role

Former HSBC chief international economist and Standard Life Investments CEO Keith Skeoch takes FRC board role Read More...

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The dog ate my work!
Accounting Standards

The dog ate my work!

15y Taking Stock

The dog ate my work!

FRC to provide definitions of a good excuse for companies that fail to comply with corporate governance Read More...

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Companies warned about 'comply or explain'
Business Regulation

Companies warned about 'comply or explain'

15y Nick Huber

Companies warned about 'comply or explain'

The Financial Reporting Council says some UK companies need to provide better explanations about why they're ignoring the corporate governance code Re...

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FRC to consider tougher 'comply or explain' guidelines
Business Regulation

FRC to consider tougher 'comply or explain' guidelines

15y Nick Huber

FRC to consider tougher 'comply or explain' guidel...

Council says minority of companies fail to adequately explain why they don't comply with corporate governance code Read More...

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