The Financial Reporting Council (FRC) has made headlines with its historic number of fines imposed on audit firms in 2023. These fines, amounting to a staggering £33.2 million, surpass the previous ...
Simply sign up to the UK financial regulation myFT Digest -- delivered directly to your inbox. The UK accounting regulator is facing a deepening governance crisis after ministers rejected the case for ...
The boss of Britain’s audit regulator, the Financial Reporting Council (FRC) will need “credibility, integrity and capability” to enact “organisation change”; they can also expect to be paid £330k ...
Britain’s Financial Reporting Council (FRC) has sanctioned Grant Thornton UK, levying a £40,000 fine against the major accounting firm for significant failures in its audit of a local authority’s ...
The Financial Reporting Council (FRC) has published its annual review of audit quality, highlighting troubling performance from audit firms BDO and Mazars. Despite an overall trend of improvement ...
I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The boss of KPMG UK was today forced to apologise after the accounting watchdog fined the ...
LONDON (Reuters) - Britain's accounting watchdog has launched an inquiry into the preparation, approval and audit of Tesco's accounts over the last four years, including the role of external auditor ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A group of lawyers and academics have criticised an “extraordinary” omission from a proposed overhaul of the UK ...
The Football Review Committee have recommended six amendments to the new rules ahead of the final two rounds of the Allianz League. The main tweak to the rules concerns the 3v3 rule, with teams now ...
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