Finance News – Frc
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UK watchdog investigates eight years of Deloitte audits of mining firm Glencore
The investigation into Deloitte’s long-term audits of Glencore highlights potential concerns about the accuracy and reliability of financial statements affecting investor trust and...
Read Full Article →BDO’s audit work strongly criticised by UK regulator
The UK regulator has highlighted the need for a mid-tier accounting firm to enhance its examination processes, which could impact the reliability of the financial information repor...
Read Full Article →‘Stewardship shouldn’t feel like box-ticking’ – FRC chief
The FRC chief emphasized the intention to lessen regulatory requirements, aiming to improve financial oversight efficiency without creating unnecessary administrative tasks for com...
Read Full Article →FRC: We will take an axe to City stewardship code, says boss
The planned revisions to the UK Stewardship Code by the Financial Reporting Council aim to enhance shareholder accountability, potentially impacting investment practices and corpor...
Read Full Article →OnlyFans owner in talks to sell UK-based adult content platform for £5.9bn
The potential transaction involving a prominent subscription platform valued at £5.9 billion highlights significant investor confidence in its strong annual revenue generation of a...
Read Full Article →EY audit of NMC ‘was deficient in multiple respects’ says regulator
The FRC's draft report, to be reviewed by the High Court, highlights several shortcomings in EY's audit of the failed NMC, potentially impacting financial accountability and stakeh...
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