FRC fixes 2023 taxonomy with re-release
The UK Financial Reporting Council (FRC) has re-released an updated version of the 2023 taxonomy suite following an issue.
Items tagged with "FRC"
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FRC update ESG intentions
The UK’s Financial Reporting Council (FRC), which published its first Statement of Intent on Environmental, Social and Governance (ESG) in 2021, has updated its earlier statement setting out the areas that remain challenging in ESG reporting.
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Webinar to take stock of UK progress on ESG reporting
The UK’s Financial Reporting Council’s (FRC) has an upcoming webinar, that will analyse what has been achieved so far, and what comes next for environmental, social and governance (ESG) reporting in the UK.
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FRC aims to increase audit competition
As part of the Financial Reporting Council’s (FRC) ongoing work to strengthen oversight of audit, this week it published a high-level policy paper outlining a number of recommendations to increase competition in the UK audit market.
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UK gets updated taxonomies from FRC and BoE
The UK Financial Reporting Council (FRC) has issued its 2023 Taxonomy Suite.
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FRC Lab offers tips for net zero disclosures
The UK Financial Reporting Council’s FRC Lab has released a new report on net zero disclosures, offering companies tips and questions to consider in communicating their net zero commitments.
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What needs to be done on data quality? FRC reviews first mandatory ESEF year
The FRC Lab reports on lessons learnt from the first year of mandatory digital reporting in the UK. It finds that many companies are rising to the challenge of the ESEF format, and points the way forward on more that needs to be done on data quality.
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FRC responds on ISSB sustainability reporting taxonomy
The International Sustainability Standards Board (ISSB) continues seeking feedback on the IFRS Sustainability Disclosure Taxonomy, with comments due by 30 September 2022, and we urge the XBRL community to engage on the taxonomy’s future development.
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Improving ESG data production for better company decision-making
An interesting new report from the UK Financial Reporting Council’s FRC Lab addresses how companies can collect and use environmental, social and governance (ESG) data to support better decision-making.
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Investors need supply-chain disclosures, says Financial Reporting Lab
As we are all surely too aware, the Covid-19 pandemic and the war in Ukraine have shone a spotlight on supply chains, how they can fail, and what happens when they do.
