The Financial Reporting Council (FRC) has launched a survey of the UK market for sustainability assurance services. This initial study aims to ensure the efficient functioning of the rapidly expanding market and to enhance the quality of assurance provided over companies’ sustainability reporting.
The Financial Reporting Council (FRC) has released its assessment of reporting by the UK’s major private companies, published January this year.
The IFRS Taxonomy Consultative Group (ITCG) held an all day hybrid meeting yesterday covering a range of topics. The meeting was recorded and is now available on catchup from the IFRS website.
The UK’s Financial Reporting Council (FRC) has published new suggestions for corporates responsible for reporting in Inline XBRL to the UK’s National Storage Mechanism. We think it should be required reading for all companies reporting in Inline XBRL, wherever they are.
In its Annual Review of Corporate Governance Reporting, the UK’s Financial Reporting Council (FRC) acknowledges improvements in reporting quality against the UK Corporate Governance Code by listed entities in that country. It also points out persistent challenges.
The UK’s Financial Reporting Council (FRC) recently shared its insights into companies’ initial application of IFRS 17, which marked a shift in insurance contract accounting. The thematic review assesses interim financial statements from ten companies, offering a nuanced view of their IFRS 17 disclosures.
The UK’s Financial Reporting Council (FRC) has published the draft version of the UK Single Electronic Format (UKSEF) Conformance Suite as part of the 2024 Taxonomy annual cycle. Open for public consultation until 31 December 2023, the suite is key to understanding and ensuring compliance with UKSEF filing requirements.
The UK’s Financial Reporting Council (FRC) has launched its 2024 suite of FRC Taxonomies, encompassing UK IFRS, FRS 101, FRS 102, UKSEF, and Charities. The suite incorporates a number of updates.
The UK’s Financial Reporting Council (FRC) is spearheading a ‘materiality mindset,’ designed to push businesses towards a strategic approach to assessing materiality that can result in better reporting.
Continuing the theme, the Financial Reporting Council (FRC) recently released a research report delving into the increased uptake of Artificial Intelligence (AI) and Machine Learning (ML) in the UK actuarial landscape.
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