Audit watchdog launches ‘bold new programme’ to support growth at smaller firms Business The audit regulator has unveiled a new initiative aimed at enhancing the presence of the UK’s small audit firms in the Public Interest Entity market. The Financial Reporting Council (FRC) has initiated a new and more proportionate supervisory approach, designed to enhance audit quality and reflect the unique needs of smaller firms. The body will [...]
Cross-party politicians urges Starmer to prioritise audit watchdog reform Politics The Prime Minister has been urged by 66 MPs and Lords in a cross-party alliance to prioritise the long-overdue Audit Reform and Corporate Governance Bill that was promised last year. In the King’s Speech in July 2024, the newly elected Labour government unshelved the Bill that would reform the Financial Reporting Council (FRC) into a [...]
Audit watchdog swaps Canada for Canary Wharf’s Harbour Exchange Business The Financial Reporting Council (FRC) has revealed it's swapping its City office for Harbour Exchange in Canary Wharf