A landmark in the history of accountancy regulation, the new, improved Financial Reporting Council has officially come into being, ushered in by its chairman, Sir Bryan Nicholson
In addition to the remit of the old Foundation, the FRC has been given extra powers and responsibilities; and its success or failure will determine how the profession is regulated in the future.
Consequently, its implications for accountants are immense.
Follow the links below to find out all you need to know about the new regulator and scroll down the page for an archive of FRC-related news stories, comment and analysis.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements