FRC

cta-win-bisch

Colin: FRC Wins the Hoff

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

24 Jan 2014

sir-winfred-bischoff-2008-2

Sir Win Bischoff named FRC chair

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

23 Jan 2014

co-op

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

FRC defends commitment to international standards

Reporting watchdog defends decision to make changes to the UK auditing regime ahead of recommendations being considered at a global level

12 Dec 2013

FRC’s Grabowski appointed to the IAASB

FRC director of audit policy joins global auditing standard setter the IAASB

11 Dec 2013

FRC to simplify small company accounting

FRC consulting on proposals to amend the Financial Reporting Standard for Smaller Entities

10 Dec 2013

FRC launches Cup Trust investigation

Accounting watchdog launches unprecedented investigation into member firms’ involvement with tax planning activities

09 Dec 2013

FRC scraps investigation into PwC’s audit of Barclays

FRC closes investigation into PwC's conduct as auditors of Barclays Capital Securities

06 Dec 2013

FRC launches investigation into jailed Torex Retail directors

Profession’s watchdog launch investigation of ex-Torex accountant Mark Woodbridge and CEO Christopher Moore after their criminal convictions

04 Dec 2013

Standard setters “out of synch” over auditor reporting rules

ICAEW warns against fragmentation of global auditor reporting

27 Nov 2013

FRC inspecting Co-op Bank's 2012 accounts

Reporting watchdog confirms it is scrutinising the Co-Op Bank's financial reporting

22 Nov 2013

Page 3 of 22

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Are ethics and profits mutually exclusive?

The markets crave trust, and business must be more proactive in its delivery

ABS: Will you be taking on too much?

While alternative business structures (ABSs) might benefit some accountancy firms, others could be in danger of overstepping their capabilities

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Internal auditors must up game over new anti-corruption rules

Government's more onerous anti-corruption plan means internal auditors must up their game

Colin: Post-awards emotion

For some, the British Accountancy Awards can be emotionally demanding

Colin: Pre-award jitters

Colin's excited about tonight's British Accountancy Awards

Colin: Audit losses go down badly

Colin imagines KPMG's reaction to losing Diageo audit

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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.