All the updated news related to frc

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City

Watchdog extends investigation into PwC’s audits of defence firm Babcock

The UK accounting regulator has extended its investigations into PwC’s audits of defence giant Babcock. The Financial Reporting Council (FRC) had already started a probe into audits which took place between March 2017 and March 2018 but said it will ...

17 Jan 2022 at 12:55

Home

EVENT: Open day to take place at family resource centre in Newbridge, County Kildare

An open day will take place at Newbridge Family Resource Centre (NFRC) this weekend. The event will serve as a consultation for the NFRC's new building extension. Organisers said: "We will be available to provide information on what is happening in ...

27 Mar 2023 at 16:33

City

PwC fined over Kier Group and Galliford Try audits

Audit giant PwC and one of its employees have been fined a combined £3.1 million for mistakes that forced construction giant Galliford Try to restate its finances by tens of millions of pounds. The two were also fined another £2.1 million for ...

07 Jun 2022 at 09:25

Portlaoise

Laois Family Resource Centre chosen for Tesco food collection to fight summer hunger

Tesco Ireland has partnered with the Portlaoise Family Rescource Centre (FRC) to provide donations of food this summer. It cites school holiday hunger a worrying factor for many Irish families, which has prompted Tesco Ireland to turn its ...

17 Jul 2024 at 08:33

Home

EVENT: Open day to take place at family resource centre in Newbridge, County Kildare

27 Mar 2023 at 16:33

FRC waters down governance overhaul as King’s Speech omits audit reforms

Britain’s auditing watchdog has revealed over half of its proposed changes to corporate governance rules are being ditched, as it described the move to omit legislation from the King’s Speech to create a more powerful accounting ...

07 Nov 2023 at 15:41

City

KPMG fined for misleading regulator about Carillion audit

Auditing giant KPMG will pay £18.35 million over the potentially conniving behaviour of some of its former staff when they reported to regulators on their audit of collapsed outsourcing firm Carillion. The Financial Reporting ...

25 Jul 2022 at 09:09

City

PwC fined nearly £1.8m over BT audit work

PricewaterhouseCoopers (PwC) has been fined £1.75 million by the accounting watchdog over its audit work for BT carried out in the wake of fraud in the telecoms giant’s Italian operations in 2016. The accountancy watchdog ...

08 Aug 2022 at 10:58

City

KPMG fined almost £1.5m over M&C Saatchi audit failures

KPMG has been fined almost £1.5 million by the UK accounting watchdog over its audit of advertising firm M&C Saatchi. The Financial Reporting Council (FRC) announced the sanctions against the big-four financial firm and ...

04 Mar 2024 at 16:32

City

KPMG and auditor hit with £910,000 in fines after Revolution Bars failures

Auditing giant KPMG and one of its former staff have been hit with fines totalling £910,000 after mistakes they made when checking the accounts of Revolution Bars. The Financial Reporting Council (FRC) said that the ...

08 Mar 2022 at 10:25

City

PwC hit with £5.6m fine for ‘serious failures’ over Babcock audit

Accounting giant PwC has been slapped with a £5.6 million fine by the UK’s auditing regulator over serious failures in handling the accounts of defence company Babcock. The Financial Reporting Council (FRC) said ...

08 Mar 2023 at 12:04

Home

Funding needed for Family Resource Centre in north Leitrim, Council hears

A call has been made at September’s Council meeting advocating for a Family Resource Centre (FRC) in the north Leitrim area. The FRC programme is Ireland’s largest family support programme, providing universal ...

06 Sept 2024 at 15:33

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