FRC

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FRCSMEUK

FRC launches SME discussion forum for FRS 102 preparers

Small businesses may not always feel that standard-setters are listening. The Financial Reporting Council (FRC) is making a practical effort to change that, with the launch on 13 April 2026 of a new discussion forum specifically for stakeholders applying Financial Reporting Standard (FRS) 102; the standard underpinning financial reporting for the vast majority of UK […]

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AuditFRCUK

FRC introduces evolved approach to audit supervision

By Editor

The UK’s Financial Reporting Council (FRC) has announced a major overhaul of its audit supervisory model, effective April 2026. The revised framework places firms’ Systems of Quality Management (SoQM) at the heart of supervision, moving away from a more uniform approach towards one that is risk-based, designed to suit the current audit landscape.

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DigitalFRCTaxonomyUK

FRC maps next steps for UK digital taxonomy overhaul

By Editor

The Financial Reporting Council (FRC) has set out the direction of travel for the next phase of the UK’s digital reporting infrastructure, publishing a feedback statement on proposed technical changes to the UK and Irish Digital Reporting Taxonomy Suite.

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AlignmentcomparabilityFRC

FRC maintains international alignment on adapted financial statement formats

By Editor

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

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DigitalEducationFRCReporting

FRC puts digital reporting skills back on the agenda

By Editor

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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FRCIrelandUK

FRC launches 2026 UK Taxonomy Suite to support evolving reporting standards

By Editor

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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FRCSmall BusinessUK

FRC targets smaller listed companies with practical reporting fixes

By Editor

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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FRCTaxonomyUK

FRC opens technical discussion on future UK taxonomy design

By Editor

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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AIFRCResearch

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

By Editor

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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FRCTaxonomy

FRC opens the book on 2026 taxonomy draft

By Editor

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.

Items tagged with "FRC"

FRC launches SME discussion forum for FRS 102 preparers

FRC introduces evolved approach to audit supervision

FRC maps next steps for UK digital taxonomy overhaul

FRC maintains international alignment on adapted financial statement formats

FRC puts digital reporting skills back on the agenda

FRC launches 2026 UK Taxonomy Suite to support evolving reporting standards

FRC targets smaller listed companies with practical reporting fixes

FRC opens technical discussion on future UK taxonomy design

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

FRC opens the book on 2026 taxonomy draft

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FRC

Items tagged with "FRC"

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