The UK’s Financial Reporting Council (FRC) has published its latest structured digital reporting review, identifying areas where straightforward improvements could raise the quality, consistency and usability of companies’ digital filings.
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 […]
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.
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.
Financial Reporting Council (FRC) has confirmed that companies using adapted financial statement formats will remain aligned with international requirements.
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 […]
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.
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.
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.
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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