Tag: Financial Reporting Council
FRC launches probe into professional exams
Cheating overseas sparks investigation by the Financial Reporting Council into conduct of UK accountancy and audit exams.
Governance code reforms will ramp up internal controls
Watchdog ‘lays groundwork for the creation of ARGA’ with planned consultation on audit committee ‘minimum standards’.
Regulator to review impact of ESG ratings on firms
The FRC has commissioned a review to investigate how ESG ratings agencies and proxy advisers affect investment decisions.
The 30-year itch: time to ditch the UK Corporate Governance Code
Now that governance has come of age, businesses should be able to innovate within the boundaries of good regulation.
Government publishes response to audit reform proposals
While directors will face sanctions for inadequate company reporting and audit committee duties, other key reforms have been watered down.
Queen’s Speech fails to provide clarity on audit reform plans
While the creation of ARGA is confirmed, details about other proposed changes are scant and uncertainty over timing remains.
News round-up: this week in governance
UK public backs pay ratios; K-pop firm opts for independent auditor; FRC chief tipped as HS2 chair; are dual-class shares an ESG risk?
Companies urged to improve modern slavery reporting
Research reveals one in ten UK companies fails to provide a modern slavery statement, despite it being a legal requirement.
News round-up: this week in governance
FRC to investigate Deloitte over Go-Ahead audit; Reckitt transfers its Russian business; and Peloton faces “governance issues”.
News round-up: this week in governance
The Big Four leave Russia; Apple investors call for “civil rights audit”; UK firms aim for gender parity; and trend grows for four-day weeks.