Audits of large listed companies are improving but there’s room for improvement, particularly for audit of companies outside the FTSE 350, the Financial Reporting Council says.
Many companies in the UK and Republic of Ireland with December 2015 year-ends are in their first year of reporting under new UK GAAP - FRS 102 The Financial Reporting Standard applicable in the
The Financial Reporting Council published a draft standard on 19 February that will do away with the Financial Reporting Standard for Smaller Entities (FRSSE) for accounting periods beginning on or
FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland becomes mandatory for accounting periods commencing on or after 1 January 201
The FRC has appointed a new chair to its Financial Reporting Review Panel.