Sir Win Bischoff, chairman of the Financial Reporting Council (FRC), has been appoint
Some companies' financial reports are getting clearer and more conci
Financial Reporting Council (FRC) heads told the Lords Economic Affairs Committee that it has proposed a draft of two of Lord Sharman's three proposals on going concern.
Christopher Willford, the former finance director at Bradford & Bingley has been fined for a second time for failing to tell the board of a significant deterioration in the bank's finances
Audit firms have until the end of the year to stop providing tax services based on how much money they save their client, the Financial Reporting Council (FRC) has said.
It is disappointing to see there were no responses to FRED50 from small practitioners.
The Financial Reporting Council is on a bit of a roll this month with measures to address the quality of corporate reporting.
The requirement for companies to give a "true and fair" view of their business in their accounts is still fundamental to financial reporting