The Financial Reporting Council (FRC) has published targeted and digitally accessible guidance to support companies applying the UK Corporate Governance Code 2024, launched earlier this month. Following stakeholder feedback, the FRC approached the revision of the guidance through a focused and non-prescriptive lens of how it will be used by preparers, utilising its Stakeholder Insight…
Read this resourceThe 2018 Corporate Governance Code was updated in January 2024 following a limited consultation which concentrated on a limited number of changes. The 2024 Code will apply to financial years beginning on or after 1 January 2025. The 2018 Code remains in place until this time. The 2024 Code is supported by revised guidance which…
Read this resourceThe FRC has published its latest Annual Review of Corporate Governance Reporting which finds ongoing improvements in the quality of reporting against the UK Corporate Governance Code, but also identifies areas where many companies are still falling short.
Read this resourceThe Government has withdrawn the proposed secondary corporate governance reform legislation it outlined in July. Grant Thornton explains the potential impact of this change and how you can move your internal control and fraud projects forward.
Read this resourceThe Chartered Governance Institute UK & Ireland (CGIUKI) has launched a Code of Practice, which will be underpinned by an accreditation framework, to support effective board performance reviews.
Read this resourceFollowing the consultation last year on Restoring Trust in Audit and Corporate Governance, the government invited the FRC to strengthen the UK Corporate Governance Code in specific areas. The FRC have now launched a public consultation on the proposed revision to Code. This limited revision aims to enhance the Code’s effectiveness in promoting good corporate…
Read this resourceThe Financial Reporting Council have published its Annual Review of Corporate Governance Reporting which has found an improvement in the quality of reporting against the UK Corporate Governance Code.
Read this resourceNew research commissioned by the Financial Reporting Council (FRC) has identified the positive impact the revised UK Stewardship Code has had on the practice and reporting of asset managers and owners.
Read this resourceThe Financial Reporting Council (FRC) has published comprehensive professional judgement guidance for auditors to improve how they exercise professional judgement. The new guidance includes a framework for making professional judgements and a series of illustrative examples. The guidance will be of particular use for auditors and central technical teams but will also have wider interest…
Read this resourceThe Institute of Directors has published a new policy paper, calling for government to commission the development of a voluntary code to reflect and embed the expectations of society with regards to the business community.
Read this resource