Companies face a wake-up call to review their cultures before they can win back broad support from society, business leaders will be told at a confere...
View articleTHE accounting watchdog has launched disciplinary formal complaints against KPMG over its audit of a Lloyd’s of London syndicate Equity Red Star Read ...
View articleThe UK’s largest listed companies should disregard the accounting advice of reporting watchdog the FRC, a group of investors have urged chairmen of FT...
View articleAccountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket wa...
View articlePwC has been hit with a £2.3m fine by the accountancy watchdog over its audits of the financial statements of Cattles and Welcome Financial Services L...
View articleBEIS issues guidance on the FRC’s role as the competent authority responsible for the oversight of audits of public interest entities, following the i...
View articleCuriosity killed the cat, but doesn't appear to afflict accounting watchdog the FRC, muses Colin Read More...
View articleThe Treasury Select Committee criticises the FRC for a 'lack of curiosity and diligence' in deciding to not investigate KPMG’s audit of HBOS before th...
View articleThe FRC has banned two former Connaught finance directors responsible for a £4m accounting misstatement at the collapsed social housing maintenance pr...
View articleThe UK’s decision to leave the EU has raised questions about whether the FRC's regulatory framework should change in the future Read More...
View articleCompany boards must pay more attention to instilling the right corporate culture in order to restore trust in business and deliver long-term sustainab...
View articleDespite the high levels of tendering and rotation, the Big Four’s share of the FTSE 350 market has risen from 96.7% to 97.4%, the FRC finds Read More...
View articleFRC consults on adopting international auditing standards to facilitate public assurance of insurers' Solvency II reports Read More...
View articleThe FRC has highlighted the things directors should consider when preparing their forthcoming half-yearly and annual financial reports post Brexit Rea...
View articleThe amendments to FRS 101 are limited, and predominately provide exemptions from many of the disclosure requirements of IFRS 15 Read More...
View articleMPs urg the FRC to widen scope of its investigation to cover previous years when PwC audited BHS financial statements and signed off the company accou...
View articlePost audit reform, auditors are thinking about whether they want to be conflicted or not, on a potential client by potential client basis Read More...
View articleJohn Hitchins was a partner with PwC for 26 years until he retired in 2014 Read More...
View articleInvestigation comes three years after the Serious Fraud Office started a criminal investigation into Serco over its electronic monitoring of contracts...
View articleFRC will investigate KPMG's consideration of and compliance with ethical standards in connection with the provision of non-audit services Read More...
View articleGuidelines and FAQs issued to clarify alternative performance measures Read More...
View articleAccountancy Age takes a look FRC's assessment of the audit quality provided by the top six audit firms Read More...
View articleFRC releases individual reports critical of audits undertaken by the six largest firms Read More...
View articleFRC amends FRS 105 to reflect legislative change and align better with international accounting standards Read More...
View articlePwC and Deloitte set to appear befor BIS committee to answer quetions over BHS, The Sunday Times reports Read More...
View articleStephen Haddrill hopes scope of powers to apply to all directors to even playing field Read More...
View articleFRC looks into events at BHS following pressure from MPs to scrutinise directors and advisers involved in sale of department store prior to its collap...
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