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Alert: FRC Updates Company Guidance on Reporting Exceptional or Similar Items and Alternative Performance Measures

On May 20, the Financial Reporting Council (FRC) published an updated version of its guidance for companies on corporate governance and reporting during the COVID-19 crisis to include new sections on exceptional or similar...more

Alert: UK Financial Reporting Council Publishes Updated Guidance on Modifications of Audit Opinions and Reports

In its March guidance for auditors, the UK Financial Reporting Council (FRC) recognised the practical difficulties some companies and auditors are facing in preparing accounts and carrying out audits. The FRC highlighted the...more

Alert: COVID-19 Updates for UK + European Capital Markets: FCA, FRC + PRA Joint Statement, AIM Guidance and ESMA Public Statement

In light of the COVID-19 pandemic, several key updates for UK and European capital markets have recently been released, focusing primarily on financial reporting, including a joint statement by the Financial Conduct Authority...more

Alert: UK Financial Reporting Season:UK Financial Reporting Council Publishes Guidance for Auditors on Audit Issues

On 16 March 2020, the UK Financial Reporting Council (FRC) issued updated guidance for auditors which may be facing practical difficulties in carrying out audits as a result of the COVID-19 pandemic....more

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