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Items tagged with "FRC"

FRC maintains international alignment on adapted financial statement formats

Financial Reporting Council (FRC) has confirmed that companies using adapted financial statement formats will remain aligned with international requirements.

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FRC puts digital reporting skills back on the agenda

The UK’s Financial Reporting Council (FRC) has announced a series of digital reporting education events and hackathons taking place across the UK this spring. Running in March and May, the programme combines half-day outreach sessions with hands-on hackathons, aimed at preparers, auditors, regulators, analysts and data users who want a clearer view of how digital […]

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FRC launches 2026 UK Taxonomy Suite to support evolving reporting standards

The Financial Reporting Council (FRC) has released the 2026 UK Taxonomy Suite, marking the latest update in digital reporting infrastructure for the UK and Ireland.

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FRC targets smaller listed companies with practical reporting fixes

The UK’s Financial Reporting Council (FRC) has released a thematic review offering practical insights for smaller listed companies seeking to strengthen their corporate reporting.

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FRC opens technical discussion on future UK taxonomy design

This week the UK’s Financial Reporting Council (FRC) launched a discussion paper outlining proposed technical changes to the UK XBRL Taxonomy Suite. The paper invites input from across the digital reporting ecosystem as the FRC looks to modernise its taxonomy architecture.

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UK probes AIs impact on corporate reporting as structured data unlocks new, AI powered insight

The Financial Reporting Council (FRC) has tapped Lancaster University to lead a new deep-dive into how artificial intelligence is transforming corporate reporting. Launched last week, the project will explore how technologies like machine learning, automation and generative AI are being used to compile, analyse, and communicate financial and sustainability disclosures.

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FRC opens the book on 2026 taxonomy draft

The Financial Reporting Council (FRC) has kicked off consultation on its draft 2026 Taxonomy Suite, inviting public feedback until 10 September 2025. As ever, the devil is in the details, and there’s plenty to dive into here.

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UK FRC maps out collaborative next steps for digital reporting

UK FRC maps out collaborative next steps for digital reporting

In May 2025, the UK’s Financial Reporting Council (FRC) published its Feedback Statement on “Opportunities for Future UK Digital Reporting,” summarising responses to its consultation that closed in November 2024.

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FRC to Corporates: Mind Your Tags

FRC to Corporates: Mind Your Tags

The UK’s Financial Reporting Council (FRC) has published its 2024/25 review of structured digital reporting, offering a timely pulse-check on how UK companies are performing under Inline XBRL reporting requirements.

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FRC sets the calendar for consultations

FRC sets the calendar for consultations

This week the UK’s Financial Reporting Council (FRC) announced the launch of a new quarterly consultation schedule, starting next month in May. The move is aimed at giving stakeholders greater predictability and helping them engage more effectively with regulatory proposals.

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