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Financial Reporting Council

PwC cleared in Intu Properties audit probe

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

Regulator drops investigation into PwC’s audits of property firm Intu

1 min read

Audit watchdog must help UK economy grow, government says

By James Booth

2023-11-22T14:32:26Z

2 min read

Accountancy Financial Reporting Council Politics Regulation

'Proportionality of any new requirements is essential' says business secretary Badenoch

Anxious, underpaid and scared of bosses: FRC staff reveal life at the audit watchdog

By James Booth

2023-03-13T00:01:02Z

3 min read

Accountancy Financial Reporting Council Professional services

More than a quarter of FRC staff said they suffered from high anxiety, survey obtained by FN finds

FRC chief executive set for exit to lead HS2

By James Booth

2023-02-10T08:00:46Z

2 min read

Accountancy Financial Reporting Council FRC People

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

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

By James Booth

2022-11-28T13:34:32Z

3 min read

Accountancy Financial Reporting Council audit FRC

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

KPMG fined £14m and ex-partner faces 15-year ban over forging documents in Carillion probe

By James Booth

2022-05-12T12:19:09Z

4 min read

Accountancy Financial Reporting Council FRC Professional services KPMG

Five of KPMG’s former staff had acted to mislead inspectors from the Financial Reporting Council who were looking into the firm’s audit of outsourcer Carillion in 2018

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FN100 Women in European Finance 2024

Justin Cash

Ex-Citi banker takes over HSBC’s innovation unit

Liontrust to cut 25 jobs in bid to boost profits

CMA pay overhaul delayed again

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KPMG and former staff face ‘serious regulatory sanctions’ over misleading Carillion probe

By James Booth

2022-05-12T10:57:14Z

3 min read

Accountancy Carillion Financial Reporting Council FRC KPMG

Carillion went bust in 2018, despite having received a clean bill of health from KPMG, the firm's auditor

Audit watchdog launches probes over Gupta-linked audits

By James Booth

2022-05-04T07:50:51Z

2 min read

Accountancy Financial Reporting Council Greensill

Probes have been launched into audits of four companies founded by Sanjeev Gupta

Ex-KPMG partner accused of lying about his role in Carillion audit forgeries

By James Booth

2022-01-17T18:23:06Z

3 min read

Accountancy Carillion Financial Reporting Council KPMG

How KPMG’s tough week unfolded at Carillion tribunal

By James Booth

2022-01-14T13:32:33Z

8 min read

Accountancy Financial Reporting Council FRC KPMG

FN rounds up what you need to know about a dramatic week in front of a tribunal

Audit regulator doubles lawyer staff in bid to ‘speed up’ City investigations

By Justin Cash and James Booth

2021-07-08T20:39:53Z

3 min read

Accountancy Financial Reporting Council Regulation

The growth in the FRC's legal bench comes amid its transition to a new regulator: the Audit, Reporting and Governance Authority

Grant Thornton chief executive David Dunckley was blasted by MPs in 2019 after he told a parliamentary committee it was not an auditor's job to look for fraud following the discovery of a black hole in the accounts of cake shop Patisserie Valerie, which his firm audited

Tougher audit standards fall short on fraud, shareholder group says

Pirc criticised the 'defeatist' text for giving excuses to auditors who miss fraud

Deloitte and former partners Richard Knights and Nigel Mercer were culpable of serious and serial failures in their audit of Autonomy, the 6 January report from the audit watchdog said

Here’s why the audit watchdog hit Deloitte with a record £21m fine for Autonomy audit

'If Deloitte had required Autonomy to present the truth surrounding its pure hardware sales to the market, there would have been a significant effect on the market'

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Financial Reporting Council

PwC cleared in Intu Properties audit probe

Audit watchdog must help UK economy grow, government says

Anxious, underpaid and scared of bosses: FRC staff reveal life at the audit watchdog

FRC chief executive set for exit to lead HS2

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

KPMG fined £14m and ex-partner faces 15-year ban over forging documents in Carillion probe

Justin Cash

Ex-Citi banker takes over HSBC’s innovation unit

Liontrust to cut 25 jobs in bid to boost profits

CMA pay overhaul delayed again

KPMG and former staff face ‘serious regulatory sanctions’ over misleading Carillion probe

Audit watchdog launches probes over Gupta-linked audits

Ex-KPMG partner accused of lying about his role in Carillion audit forgeries

How KPMG’s tough week unfolded at Carillion tribunal

Audit regulator doubles lawyer staff in bid to ‘speed up’ City investigations

Tougher audit standards fall short on fraud, shareholder group says

Here’s why the audit watchdog hit Deloitte with a record £21m fine for Autonomy audit

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London lawyer dies after drinking toxic alcohol in Laos

Goldman Sachs names new ECM leadership in Europe after departures

Robert Jenrick’s wife Michal Berkner leaves McDermott Will & Emery

The new boutique bank looking to grow to 130 dealmakers and take on the mid-market

Sidley Austin raids Latham & Watkins for 10-lawyer team in London

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Sidley Austin raids Latham & Watkins for 10-lawyer team in London

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Robert Jenrick’s wife Michal Berkner leaves McDermott Will & Emery

Tributes paid to ‘talented’ lawyer who died in Laos poisoning

London lawyer dies after drinking toxic alcohol in Laos