FRC

UK Tightens Accounting Standards As Corporate Collapses Continue
UK Tightens Accounting Standards As Corporate Collapses Continue
October 01, 2019  |  B2B Payments

More high-profile corporate collapses in the U.K. have led the Financial Reporting Council (FRC) to enact more stringent accounting standards, The Guardian reported on Monday...

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Australia’s Big Banks Defend Spending Millions On Outside Auditors
Australia’s Big Banks Defend Spending Millions On Outside Auditors
August 05, 2019  |  Regulation

Australia’s four biggest banks, along with large accounting firms, have joined forces to defend the use of independent audit firms as consultants. According to a...

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UK Government Urged To Break Up Financial Reporting Council
UK Government Urged To Break Up Financial Reporting Council
August 08, 2018  |  B2B Payments

The U.K. government heard calls this week to break up its Financial Reporting Council (FRC), separating the body’s audit watchdog and corporate governance roles into...

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