Tag: FRC
News round-up: this week in governance
Business responsibility; the rise of greenhushing; getting to the bottom of dual-class share structures; CEOs; Sir Win Bischoff (1941-2023).
News round-up: this week in governance
NEDs quit over CEO pay proposal; 91% of consumers seek improved ESG; ‘We need regenerative businesses’; sustainability standards on the way.
News round-up: this week in governance
Lessons from Davos; companies risk sliding back on ethical practices; economics affects everyone; Sir John Kingman moves to Barclays.
FRC publishes its draft three-year plan for 2023 to 2026
As the FRC looks to its transition to ARGA, it sets out its priorities, including standards, supervision, enforcement and corporate services.
FRC advises on what makes a good annual report and accounts
Key characteristics for a high quality annual report and accounts include accuracy, consistency and qualitatively/quantitively material data.
News round-up: this week in governance
FRC to pursue exam cheats; Porsche Volkswagen disagreement over Blume; FRC sets out stall for 2023 inspections; are you in ‘goblin mode’?
FRC announces areas of supervisory focus for 2023/24
For reporting reviews and audit inspections, the FRC will prioritise sectors considered to be at higher risk from economic pressures.
News round-up: this week in governance
FRC awaits powers for audit reform; CEO transferable skills ‘myth’; Asos cuts CEO bonus; compliance can stifle innovation.
Why we need audit reform right now
There is an “urgent need” for reform to the audit landscape as well as internal audit, the Chartered IIA argues.
FRC unveils new audit committee standards
Watchdog’s guidance to audit committees aims at expanding choice and addressing competition within the audit market.