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FRC

Audit watchdog frees up corporate governance code in bid to keep UK on top

'Frankly, a good explanation illustrates better governance more than a situation where a board defaults to compliance with a specific code provision'

Accountancy body head says up threshold for fines to secure new talent

By Justin Cash

2024-01-04T07:25:04Z

3 min read

Accountancy FRC Professional services

Michael Izza fires parting shot at FRC ahead of his departure

PwC cleared in Intu Properties audit probe

By James Booth

2023-12-19T08:57:42Z

1 min read

Accountancy Financial Reporting Council FRC PwC

Shopping centre-owner Intu collapsed in 2020, putting auditors in the spotlight

City chiefs: Audit regulator must boost competitiveness

By Justin Cash

2023-11-16T12:36:13Z

3 min read

Accountancy FRC Politics Regulation

The Financial Reporting Council watered down a set of corporate governance proposals last week

Keith Skeoch: Reform the audit sector before another blow-up

By Justin Cash

2023-10-30T04:01:32Z

6 min read

FRC Asset Management Keith Skeoch Professional services An Audience With An audience with

'Let’s hope we don’t have to wait for the next corporate crisis'

KPMG fined record £30m over Carillion auditing scandal

By James Booth

2023-10-12T06:48:28Z

2 min read

Accountancy Carillion FRC KPMG

Outsourcing and construction company Carillion’s collapse in 2018 was a major corporate scandal (James Beck/Bloomberg via Getty Images)

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FN100 Women in European Finance 2024

Paul Clarke

Morgan Stanley’s profit surges as dealmaking and equity trading fees jump

Wall Street execs caution on dealmaking rebound even as investment banking fuels profit rise

Citigroup’s M&A and debt bankers fuel 44% dealmaking fee jump

An Audience With

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Audit watchdog names new CEO as Sir Jon Thompson heads to HS2

By Justin Cash

2023-07-31T11:49:29Z

1 min read

Accountancy FRC People Professional services Regulation

Former Civil Aviation Authority head Richard Moriarty takes on 'broad and important remit' at FRC

Watchdog calls out BDO and Mazars over poor progress on audit quality

By Justin Cash

2023-07-06T07:42:34Z

1 min read

Accountancy FRC Professional services Regulation

Sector improves quality scores, but the regulator wants to see more

KPMG and PwC fined by regulator over Eddie Stobart audits

By James Booth

2023-06-29T06:54:07Z

2 min read

Accountancy FRC KPMG PwC

KPMG and PwC are the latest firms to be hit with sanctions from the audit watchdog

Pay junior auditors more if you want to attract staff, watchdog’s chair says

By Justin Cash

2023-06-13T07:30:24Z

2 min read

Accountancy Pay and Bonuses FRC Regulation

'They have the resources available to increase the pay levels of more junior people that they want to attract into their firms' Sir Jan du Plessis says

KPMG’s global ESG boss backs tougher climate audit rules

By Kristen McGachey

2023-05-04T10:39:37Z

3 min read

Accountancy FRC ESG KPMG

'You look at things like financial audits which are pretty robust now. That didn’t happen overnight'

Under Sir Jon Thompson’s watch, the FRC has been preparing for the switch, which requires legislation from the government

FRC chief executive set for exit to lead HS2

The FRC should have offered a burnt-out staffer an alternative position, according to a judge

Audit regulator unfairly dismissed ‘exhausted and stressed’ employee, tribunal finds

Audit regulator tightens rules with new register

The Financial Reporting Council found that PwC failed to act with sufficient scepticism in relation to BT’s adjustments during its 2017 audit

PwC fined £2.5m over BT fraud audit failures

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Meet the 100 Most Influential Women in Finance 2024

Wall Street execs caution on dealmaking rebound even as investment banking fuels profit rise

Who are the City’s top female lawyers?

Is TikTok an unregistered crypto exchange? Yes, this compliance expert tells the FCA

BlackRock creates active stewardship team to assist with private markets push

On the Move

Former Goldman Sachs executive Amar Kuchinad joins crypto firm Copper as CEO

Kirkland loses regulatory partner to Paul Weiss

BNP Paribas dealmaker McNaught departs in UK advisory shake-up

KPMG blames Carillion directors in fight against £1.3bn negligence claim

By James Booth

2022-07-29T17:27:39Z

3 min read

Accountancy Carillion Big Four FRC KPMG

KPMG has fought back against allegations its negligence led to massive losses for Carillion’s creditors

Ex-KPMG junior escapes fine in Carillion document forging case as senior auditors banned from practice

By James Booth

2022-07-25T06:59:38Z

4 min read

Accountancy Carillion FRC KPMG

KPMG and several of its former staff have been sanctioned for misleading inspectors probing the firm's audit of Carillion

EY audit quality slides ahead of potential split

By James Booth

2022-07-20T07:39:48Z

3 min read

Accountancy EY Grant Thornton audit FRC KPMG PwC Deloitte

FRC review comes as a decision on dividing the firm nears

Accounting regulator to crack down on exam cheaters after EY hit with $100m fine

By Justin Cash

2022-07-15T08:39:38Z

2 min read

Accountancy EY FRC Politics Regulation

EY is just one of a number of auditors to come under pressure for failing to root out exam cheats

PwC fined £8m over Kier Group and Galliford Try audits

By James Booth

2022-06-07T07:16:09Z

2 min read

Accountancy audit FRC PwC

FRC

Audit watchdog frees up corporate governance code in bid to keep UK on top

Accountancy body head says up threshold for fines to secure new talent

PwC cleared in Intu Properties audit probe

City chiefs: Audit regulator must boost competitiveness

Keith Skeoch: Reform the audit sector before another blow-up

KPMG fined record £30m over Carillion auditing scandal

Paul Clarke

Morgan Stanley’s profit surges as dealmaking and equity trading fees jump

Wall Street execs caution on dealmaking rebound even as investment banking fuels profit rise

Citigroup’s M&A and debt bankers fuel 44% dealmaking fee jump

Audit watchdog names new CEO as Sir Jon Thompson heads to HS2

Watchdog calls out BDO and Mazars over poor progress on audit quality

KPMG and PwC fined by regulator over Eddie Stobart audits

Pay junior auditors more if you want to attract staff, watchdog’s chair says

KPMG’s global ESG boss backs tougher climate audit rules

FRC chief executive set for exit to lead HS2

Audit regulator unfairly dismissed ‘exhausted and stressed’ employee, tribunal finds

Audit regulator tightens rules with new register

PwC fined £2.5m over BT fraud audit failures

Most Read

Meet the 100 Most Influential Women in Finance 2024

Wall Street execs caution on dealmaking rebound even as investment banking fuels profit rise

Who are the City’s top female lawyers?

Is TikTok an unregistered crypto exchange? Yes, this compliance expert tells the FCA

BlackRock creates active stewardship team to assist with private markets push

On the Move

Former Goldman Sachs executive Amar Kuchinad joins crypto firm Copper as CEO

Kirkland loses regulatory partner to Paul Weiss

BNP Paribas dealmaker McNaught departs in UK advisory shake-up

KPMG blames Carillion directors in fight against £1.3bn negligence claim

Ex-KPMG junior escapes fine in Carillion document forging case as senior auditors banned from practice

EY audit quality slides ahead of potential split

Accounting regulator to crack down on exam cheaters after EY hit with $100m fine

PwC fined £8m over Kier Group and Galliford Try audits

FN Law

Who are the City’s top female lawyers?

Kirkland loses regulatory partner to Paul Weiss

Goodwin loses another partner to Debevoise