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FRC publishes revised guidance on audit committees
- RPC
- -
- United Kingdom
- -
- December 31 2008
The FRC has published revised guidance to listed companies on the composition, role and responsibilities of the audit committee
Don’t waste my time
- RPC
- -
- United Kingdom
- -
- December 31 2008
The credit crunch and resulting economic fallout has already led to a marked increase in litigation
Northern Rock decides not to pursue claims against directors or auditors
- RPC
- -
- United Kingdom
- -
- December 31 2008
The former Chief Executive of Northern Rock and many of his fellow directors have escaped legal action following the collapse of the bank
European Commission adopts changes to mitigate consequences of financial turmoil
- RPC
- -
- European Union
- -
- December 31 2008
Following unanimous consent of Member States, the Commission has adopted amendments to accounting standards
FRC reviews Combined Code
- RPC
- -
- United Kingdom
- -
- May 23 2007
The FRC has initiated a review of the implementation of the Combined Code on Corporate Governance
FRC warns that accounts must show liquidity risks
- RPC
- -
- United Kingdom
- -
- December 31 2008
The Financial Reporting Council (FRC) has warned that executives must pay more attention to the risks disclosed in their accounts this year, due to the difficult market conditions that have left many companies close to liquidity problems
Unfair contract terms review
- RPC
- -
- United Kingdom
- -
- May 31 2007
The Office of Fair Trading (OFT) is in the process of consulting on revisions to the guidance on the Unfair Terms in Consumer Contract Regulations 1999 (UTCCR
You’re nicked
- RPC
- -
- United Kingdom
- -
- April 24 2008
On 6 April the Corporate Manslaughter and Corporate Homicide Act 2007 came into force with the aim of making it generally easier to prosecute larger organisations for gross failures in health and safety
FRRP proposal to encourage voluntary disclosure of qualified audit reports
- RPC
- -
- United Kingdom
- -
- July 9 2007
The Financial Reporting Review Panel (FRRP) has published a consultation paper which is aimed at improving the quality and reliability of annual financial statements
ACT veto need for banks to use Big 4 auditors
- RPC
- -
- United Kingdom
- -
- July 9 2007
In its response to the Financial Reporting Council’s consultation on choice in the audit market, the Association of Corporate Treasurers (ACT) has called for banks not to impose a condition on borrowers that they use a Big 4 audit firm
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