FRC consults on approach to updating FRS 102 for changes in IFRS
The FRC is inviting comments from stakeholders on its proposed approach to updating FRS 102 to reflect changes in IFRS
FRC
ICAS and FRC call for action on audit skills gap
ICAS and the FRC have called for action to prevent a potential audit skills gap in the future, with the launch of a new report
FRC calls for concerted effort to improve the integrity of business
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 conference today
FRC launches complaint against KPMG over audit of Lloyd’s syndicate Equity Red Star
THE accounting watchdog has launched disciplinary formal complaints against KPMG over its audit of a Lloyd’s of London syndicate Equity Red Star
LAPFF urges FTSE 350 companies to disregard the FRC
The UK’s largest listed companies should disregard the accounting advice of reporting watchdog the FRC, a group of investors have urged chairmen of FTSE 350 businesses
FRC scraps investigation into former Tesco CFO
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
PwC fined £2.3m over Cattles audit
PwC 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 Limited
Government outlines FRC status as competent authority for audit regulation
BEIS issues guidance on the FRC’s role as the competent authority responsible for the oversight of audits of public interest entities, following the introduction of EU audit reforms
Colin: Curiosity killed the cat, but not the watchdog
Curiosity killed the cat, but doesn't appear to afflict accounting watchdog the FRC, muses Colin
FRC made ‘serious mistake’ by failing to investigate HBOS audit sooner
The Treasury Select Committee criticises the FRC for a 'lack of curiosity and diligence' in deciding to not investigate KPMG’s audit of HBOS before the publication of a report financial regulators, the FCA and PRA
