FRC

European Parliament

Audit reforms passed in European parliament

European politicians pass reforms to force listed companies to tender their audit contracts every ten years

03 Apr 2014

Financial Reporting Council

FRC extends Cup Trust investigation to include audited accounts

FRC extends the scope of its investigation into controversial charity The Cup Trust to include preparation and audit of financial statements

01 Apr 2014

lord-sharman-2

FRC to launch new consultation on going concern

UK reporting watchdog to develop going concern proposals for further public consultation following investor criticism, Accountancy Age can reveal

26 Mar 2014

FRC issues temporary filler for insurance accounting

FRS issues accounting requirements to plug gap in insurance contract accounting although this may change in the future

21 Mar 2014

BiS governance expert takes FRC director role

David Styles takes director of corporate governance role at FRC

05 Mar 2014

FRC to amend accounting for debt instruments

FRC to amend conditions that determine whether debt instruments can be measured at amortised cost or fair value

14 Feb 2014

FRC issues guidance on housing associations audits

Auditors issued with new guidance on the audit of housing associations

31 Jan 2014

Bischoff a winning appointment as next head of the FRC

The FRC's new chairman must bring his banking experience to bear on how the FRC tackles failings in bank audits, governance and financial reporting

28 Jan 2014

Colin: FRC Wins the Hoff

Colin's vision of events often bears little relation to reality

24 Jan 2014

Sir Win Bischoff named FRC chair

Lloyds Banking Group chair Sir Win Bischoff will replace Baroness Hogg at the FRC

23 Jan 2014

KPMG faces investigation over Co-op Bank audit

KPMG investigated over its audit of troubled lender Co-op Bank

20 Jan 2014

FRC appoints John Stewart and Sir Brian Bender to its board

Legal & General and London Metal Exchange chairs joins FRC board

20 Jan 2014

FRC in danger of departing from Sharman recommendations

A member of the Sharman inquiry into 'going concern' warns that FRC proposals depart from panel's original recommendations

16 Jan 2014

FRC urges IASB to reintroduce concept of prudence

FRC urges IASB to reintroduce concepts of prudence, stewardship and reliability into conceptual framework

14 Jan 2014

Lord Green in running to be next FRC chairman

Lord Green, the former boss of HSBC and ex-trade minister, interviewed as a potential successor to Baroness Hogg, Accountancy Age understands

07 Jan 2014

Farepak auditor EY reaches settlement with FRC

Financial watchdog reaches agreement with Farepak parent company auditor EY and its partner Alan Flitcroft

19 Dec 2013

New chair of profession’s disciplinary body

David Childs succeeds Richard Fleck as chair of FRC conduct committee

19 Dec 2013

Taking Stock: Some festive reading from the FRC

With seven notable releases in seven days, TS wonders what the FRC has been doing all year

18 Dec 2013

FRC to update FRS 101

FRC proposes to simplify, in the reduced disclosure framework, the new disclosure requirements of IAS 36

18 Dec 2013

FRC to review standard of bank audits

Improvements to the quality of auditing of banks and building societies have been insufficient, FRC says

13 Dec 2013

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How software as a service can meet the strategic needs of a growing business

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

Bank raiding powers could put HMRC at top of insolvency pecking order

Will HMRC’s new bank raiding powers see insolvency practitioners pursuing it for funds taken illegally in the event of bankruptcy?

The Practitioner: The promise of the pension pot

The combination of pensions drawdown and enterprise investment tax planning makes the Practitioner's mouth water - but can the firm get its pensioners lined up in a row?

Leader: Charity begins at home

With so many accountants require support and counselling, an already charitable profession must consider where its efforts go

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Social networking: How does the Top 50 stack up?

Firms are failing to realise the business benefits of social media sites such as utilising LinkedIn

Colin: There's nothing like a well-thought-out plan

Colin wonders whether some SMEs are keeping it too simple

Taking Stock: When tax is stranger than fiction

Sometimes you just can't make it up, TS finds

Scrapping IR35 all very well – but what else?

IR35 has proven ineffective, but 'what are the alternatives?' asks Calum Fuller

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Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

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iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.