The Executive Counsel of the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice?under the Audit Enforcement Procedure and imposed sanctions on Ernst & Young LLP (EY) and…
The update to the letter, originally issued in September 2024, provides further clarity on the FRC's position amid continued market interest in this topic.In the updated letter, the FRC reaffirms…
This Press Notice concerns the outcome of an investigation into the relevant Statutory Auditor(s) and/or Statutory Audit Firm(s)[1]. It would not be fair to treat any part of this announcement…
As part of the 2025 Taxonomy annual cycle, the FRC has updated the Conformance Suite for the UKSEF taxonomy. This will support software vendors to design products that comply with…
In response to the Government’s changes to UK company size thresholds, due to come into effect from 6 April 2025, the Financial Reporting Council (FRC) has today released updates to…
