Audit firms’ complaints about fines; Carillion directors’ fines revealed; is it time to abolish the UK governance code?
UK companies are struggling to provide focused disclosures as cyber attacks continue to increase, says the FRC.
The first annual disclosures vary in the quality of data provided and lack balanced discussion of future opportunities, say watchdogs.
FRC’s record audit fines; ‘absolutist’ views on ESG; BlackRock votes for fewer E&S resolutions; climate reporting; narcissistic CEOs.
The Financial Reporting Council’s investigation into the Big Four firm’s auditing of Carillion and Regenersis revealed serious misconduct.
Tory leadership contest; Grant Thornton fined; Norwegian insider dealing; virtual AGMs; US environmental disclosures; diversity at Amazon.
Cheating overseas sparks investigation by the Financial Reporting Council into conduct of UK accountancy and audit exams.
Dutch stakeholder committees; Elon Musk’s next move on Twitter; C-suite partisanship in the US; ESG ‘no distraction’ from climate change.
Watchdog ‘lays groundwork for the creation of ARGA’ with planned consultation on audit committee ‘minimum standards’.
The FRC has commissioned a review to investigate how ESG ratings agencies and proxy advisers affect investment decisions.