Stephen Haddrill, FRC

28 May, 2019

FRC reveals increased budget as it prepares for transition

The Financial Reporting Council (FRC) is set to increase its workload and budget, monitoring audits as well as compliance with the UK corporate governance code, before its transition to a new regulato...
FRC, audit

12 March, 2019

Government to push ahead with new audit and governance watchdog

The UK is set to get a new audit and financial reporting regulator. The government has announced that the current watchdog, the
financial reporting, audit, accounts, accounting, stakeholder engagement

5 March, 2019

New guidance pulls non-execs into ‘going concern’ debate

At the current rate, financial reporting watchdogs modify the rules about the much-discussed “going concern” statement every five to seven years. This week the
investors, stock markets, stewardship

30 January, 2019

New stewardship code shifts emphasis to disclosures and ‘outcomes’

If you thought only companies were required to be clear about their “purpose”, think again. This morning the UK’s governance regulator has given fair warning to asset managers that they too will...

24 December, 2018

2018: A year in governance

Senior officials at the Financial Reporting Council (FRC) may believe Scrooge has stepped off the pages of A Christmas Carol. In his recent oh-so-close-to-festivities report, Sir John Kingman...
Greg Clark

18 December, 2018

UK to replace governance watchdog with new regulator

The UK is to scrap the country's governance, financial reporting and audit watchdog—the Financial Reporting Council (FRC)— and replace it with a brand new regulator. The
gender diversity

14 November, 2018

Success for women in the boardroom, but not necessarily as chair or CEO

There’s good news, but also bad news. The good news is that the number of women on FTSE 100 boards has reached a major milestone. The bad news is that the same cannot be said of the number of female...
documents, annual reports, corporate reporting

2 November, 2018

Corporate reporting approaches a new start

Fresh from this year’s soul-searching over corporate governance, one of the UK’s key watchdogs has now launched a
Big Four, Deloitte, KPMG, EY, PwC

15 October, 2018

How do you solve a problem like audit?

Can a problem like audit be solved? Others have tried before—and others are set to try again. There have been multiple, consistent concerns about the audit process, governance and even its ra...
diversity, BAME

24 September, 2018

Compliance failures and diversity doubts

While the Financial Reporting Council (FRC) has set a path towards increased focus on boardroom diversity within its new corporate governance code, there is some consternation that its existing guidel...