Search for Financial Reporting Council and
    1. December 21, 2014

      Rolls-Royce pledges greater openness with investors

      John Rishton, chief executive of Rolls-Royce, pledged greater openness with investors in a bid to restore relations with a...

    2. December 8, 2014

      Watchdog warns retailers over supplier payments

      Retailers must provide much more clarity about the extent and nature of payments they receive from their suppliers in their...

    1. December 8, 2014

      US court ensures BP has worst possible start to era of cheap oil

      Game over. BP can take one of its beefs with US justice little further. The Supreme Court has declined to rule whether...

    2. December 5, 2014

      Bob Diamond backs Grassroot Soccer

      Bob Diamond: Soccer gem Now here’s a worthy cause, with a novel twist: preventing HIV in Africa through the universal...

    3. December 2, 2014

      FRC review finds two institutions need ‘significant’ improvement

      Two bank and building society audits required “significant improvements”, the UK accountancy watchdog said on Tuesday, as it...

    4. December 1, 2014

      Exit will be a disaster for UK and Europe, say many City heavyweights

      For years, the City of London has taken for granted its status as Europe’s primary financial centre. But as rows over...

    5. November 30, 2014

      Number of female fund executives falls in UK

      The number of female executive directors working in the UK fund management industry has fallen over the past year, with...

    6. November 12, 2014

      Financial reporting: short is sweet

      Be honest, be clear, be done with it. As columnists know, a word limit focuses the mind and helps the reader. Lehman...

    7. October 26, 2014

      Succession planning faces tighter climate

      UK regulators are looking at tightening guidelines on company succession planning because of growing concerns over the way...

    8. October 14, 2014

      Ten UK companies fell short of FRC reporting standards

      Ten UK companies including WH Smith, Royal Bank of Scotland and Rolls-Royce have issued financial statements that failed to...

    9. October 8, 2014

      FRC to name and shame companies forced to correct annual reports

      All companies that are forced to make changes to their annual reports by the UK’s accountancy watchdog are to be named and...

    10. October 1, 2014

      Succession plans earn a role at the top

      The best and the worst of UK plc succession planning have been on display in recent days. On the positive side,...

    11. September 17, 2014

      Need to keep talent not enough to justify big pay, says watchdog

      Companies will no longer be able to use retaining talent as a justification for paying big remuneration packages, the UK...

    12. September 15, 2014

      FRC fines Worthington Nicholls external auditor

      The accountancy watchdog has levied a hefty fine on the external auditor of Worthington Nicholls, the now defunct...

    13. September 7, 2014

      Less is not always more for Financial Reporting Council

      Simplifying the accounting rules for small companies is a cause for celebration not crying. Isn’t it? Any effort to ease the...

    14. September 2, 2014

      UK accountancy watchdog fines Mazars £2m over pension fund advice

      The UK accountancy watchdog has ordered audit and advisory firm Mazars £2m for falling short of regulatory standards while...

    15. July 21, 2014

      UK boards urged to take control of ethical values

      Boards must take control of setting a company’s ethical values and be prepared to dismiss chief executives whose values are...

    16. July 4, 2014

      Lords to grill accountancy watchdog on ‘going concern’ rules

      The UK accountancy regulator is to be grilled by the House of Lords later this month on its controversial proposals on going...

    17. July 4, 2014

      Regulator ends investigation into former Torex chief

      The UK accountancy regulator has closed an investigation into a former executive of Torex Retail, a software company that...

    18. July 3, 2014

      Investor group warns on changes to governance code

      Proposed changes to the corporate governance code would weaken the assurances a company’s directors must currently give...

    19. June 12, 2014

      Watchdog drops probe into PwC’s Berkeley audit

      The UK’s accountancy watchdog has dropped an investigation into PwC over its auditing of upmarket housebuilder Berkeley. On...

    20. June 11, 2014

      Accountancy watchdog opens case against Baker Tilly audit unit

      The UK accountancy watchdog is pursuing a formal complaint against the audit arm of UK chartered accountant Baker Tilly and...

    21. June 8, 2014

      Bank annual reports too long or ‘complex’

      Banks and other financial companies are publishing annual reports that are overly complicated and indigestible, prompted in...

    22. May 28, 2014

      Audits in banking sector still not good enough, warns watchdog

      Audits in the banking sector are still not strong enough seven years after the financial crisis, the UK’s accounting...

    23. April 24, 2014

      Directors of UK-listed groups face bonus clampdown

      Directors of UK-listed companies face tougher rules governing bonus payments amid broad pressure for more pay discipline in...

    24. March 30, 2014

      Departing Lloyds chairman calls for return to ‘cosy’ regulation

      The departing chairman of Lloyds Banking Group has called for a return to 1970s-style informal banking regulation, when cosy...

    25. March 24, 2014

      Early blow for ‘say on pay’ guidelines

      A group representing institutional investors and pay campaigners has made a formal complaint to regulators, suggesting that...

    26. February 13, 2014

      Vodafone replaces auditor Deloitte with rival PwC

      Vodafone replaced its auditor for the first time since listing on the London Stock Exchange in 1991 amid a broad shake-up of...

    27. January 23, 2014

      Sir Win Bischoff to lead Financial Reporting Council

      Sir Win Bischoff has been appointed head of the Financial Reporting Council, as the accounting watchdog takes on...

    28. January 20, 2014

      Insider case fuels doubts over Morrison’s leadership

      Wm Morrison is having an unhappy new year. The grocer has suspended its treasurer, who, it has emerged, was arrested on...

    29. January 20, 2014

      Regulators to probe Co-op’s finances in a fresh blow to bank

      The accounting watchdog has joined a long list of investigators examining the near collapse of the Co-operative Bank as it...

    30. January 10, 2014

      Accounting watchdogs to look at RSA auditors

      Accounting watchdogs are examining the role of RSA’s former auditor Deloitte in Ireland over the irregularities that left...

    31. December 19, 2013

      Government contractors seem to be out of control

      The outsourcers are out of order. G4S is being referred to the Serious Fraud Office by the Ministry of Justice for a second...

    32. December 19, 2013

      EY fined £750,000 for audit of Christmas hamper company

      One of the world’s biggest auditors has become the latest company embroiled in the sorry tale of a failed Christmas hamper...

    33. December 18, 2013

      Deloitte faces grilling over RSA’s Irish arm

      Top shareholders in RSA are demanding explanations from the insurer’s former auditor Deloitte for failing to spot accounting...

    34. December 12, 2013

      Auditing watchdog slams ‘below average’ bank testing

      The regulatory body that oversees the auditing profession has criticised the industry’s “below average” quality and slow...

    35. November 20, 2013

      Deloitte given leave to appeal part of £14m fine ruling

      Deloitte, the accountancy firm, has been given leave to appeal part of a decision that imposed a £14m fine in relation to...

    36. November 6, 2013

      Lawyer draws up rules for global change

      The figure waiting patiently for me just inside the entrance to his London hotel is unassuming and almost easy to miss. But...

    37. October 10, 2013

      WH Smith lifts profit by squeezing costs

      Costs down, profits up – WH Smith sang a familiar tune when it posted its full-year results on Thursday, promising to cut...

    38. October 3, 2013

      UK looks to counter IFRS rules critics

      UK authorities have tried to put an end to claims that international accounting standards clash with company law by making a...

    Search for Financial Reporting Council and