Tag: White & Case

FRC publishes report on improving structured digital reporting
Companies are encouraged to take more ‘ownership and responsibility’ when adhering to the new rules on structured electronic reporting.

FRC reviews reports on earnings per share and deferred tax assets
The FRC’s thematic reviews show examples of good practice for informative, transparent disclosure in line with IAS 33 and IAS 12.

FRC publishes 2022 review of stewardship reporting
The review reveals that signatories have doubled since 2021 and the quality of reporting has improved in many areas, including engagement.

FRC publishes PIE auditor registration regulations
The FRC has a new registration regime for statutory auditors—firms or individuals—of public interest entities (PIEs).

FRC Lab publishes report on digital security risk disclosures
Boards need to move beyond a ‘boilerplate and overly static’ approach to digital risk disclosures, advises the Financial Reporting Council.

UK government launches the register of overseas entities
Non-UK incorporated companies owning land in England and Wales are now required to disclose information to Companies House.

FCA and FRC review TCFD disclosures by listed companies
Although firms had ‘risen to the challenge’ of reporting, many lacked specificity, metrics or an exploration of climate-related opportunities.

Companies House sets out its stall for 2023
The Companies House Corporate Plan 2022-2023 outlines how the organisation intends to achieve the goals outlined in its 2020-2025 strategy.

FRC publishes its annual enforcement review
The watchdog issued £46.5m in financial sanctions, with a recurring theme in investigations being a ‘lack of scepticism’ from auditors.

FCA publishes its decision notices on Carillion case
The Financial Conduct Authority censured Carillion plc (in liquidation) and imposed fines on three Carillion executive directors.