The Financial Reporting Council is often asked what does a good audit look like? This paper sets out the FRC's views of the key elements that make up a good audit, as a contribution to the debate within audit firms of how they should improve audit quality.
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Review of Corporate Governance Reporting 2024
This annual review of corporate governance reporting from the Financial Reporting Council showcases examples of good reporting and explores areas for improvement, as companies prepare to implement the new 2024 UK Corporate Governance Code next year. This year, the FRC paid particular attention to...
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FRC Annual Review of Corporate Reporting 2024
This report provides information relevant to preparers and auditors of financial statements, investors and other users of corporate reports and accounts, and wider Financial Reporting Council stakeholders. The FRC found that, although the quality of FTSE 350 reporting was maintained, there was so...
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UK Corporate Governance Code 2024 FRC
The FRC’s 2018 UK Corporate Governance Code has been updated. The 2024 Code will apply to financial years beginning on or after 1 January 2025. There are five sections: Board Leadership and Company Purpose; Division of Responsibilities; Composition, Succession and Evaluation; Audit, Risk and In...