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FRC

  • FRC: Reporting gap between FTSE 350 and AIM widening

    September 24, 2024

    The Financial Reporting Council reported that there is evidence that in corporate reporting, the gap between FTSE 350 and other companies is widening

  • EY UK sanctioned for breaching fee cap with Abramovich-owned Russian miner Evraz

    August 7, 2024

    EY has been issued a financial sanction by the accountancy regulator for failing to comply with fee cap with Russian mining group Evraz.

  • Financial Reporting Council unveils major revisions to UK stewardship code

    July 22, 2024

    The Financial Reporting Council revealed significant updates to the UK Stewardship Code application process, targeting five priority areas designed to drive better outcomes

  • MHA: UK arm of Baker Tilly International hit with £120,000 fine by regulator

    July 9, 2024

    The accountancy regulator has issued financial sanctions against MHA, a former partner and a former employee in relation to the audits of MRG Finance UK Plc

  • City row erupts against proxy advisers over executive pay

    June 10, 2024

    Proxy voting advisers, which recommend how shareholders vote at company meetings, have often blocked votes to hike executive pay

  • Accountancy sector experiences skills shortage as the industry faces turbulent times

    May 22, 2024

    The accountancy sector is facing a skills crisis as firms reveal talent has plummeted, with leaders blaming competition from other industries

  • Accountancy watchdog launches probe into UK network firm of Baker Tilly International

    May 16, 2024

    The accountancy watchdog has launched a probe into MacIntyre Hudson over an audit of a unnamed company financial statement

  • Crowe UK hit with £144,000 sanction for Aseana audit failings

    May 14, 2024

    Accountancy firm Crowe UK has been hit with sanctions by the watchdog over its audit of London-listed Aseana Properties

  • Accounting watchdog: We must regulate so there is ‘a net benefit for UK PLC’ 

    May 7, 2024

    The head of the country’s accounting watchdog has said the agency must regulate in a manner that has “a net benefit for UK PLC”.

  • Grant Thornton fined by audit watchdog for failures with local authority pension fund

    April 8, 2024

    The failures included two uncorrected material errors which appeared in the version of the pension fund’s audited financial statements

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