Technical roundup, 1 November

Oct 30, 2019

ROI

UK

  • The Financial Reporting Council (FRC) is undertaking a major project to inspire the future of corporate reporting and, as part of this project, is seeking stakeholders’ views to help shape and improve information for all users of corporate reports in the form of an online survey.
  • The FRC has called for improvements to corporate reporting in an open letter to all Audit Committee Chairs and Finance Directors, this letter reflects findings from the FRC’s recently published Annual Review of Corporate Reporting 2018/19.
  • The FRC’s Chief Executive, Sir Jon Thompson, has called on Audit Committee Chairs and Finance Directors to consider the FRC’s view on key matters as they prepare for the 2019/20 financial reporting season.
  • The latest edition of Key Facts and Trends in the Accountancy Profession was recently published.  Membership of the accountancy bodies overseen by the FRC continues to grow with over 365,000 members in the UK and Ireland and almost 550,000 members worldwide.