• Register
Return to: Home > News > UK FRC issues revision to auditing standard

UK FRC issues revision to auditing standard

The UK Financial Reporting Council (FRC) has issued revision to ISA (UK) 250 – consideration of laws and regulations in an audit of financial statements,  in line with changes made to the International Code of Ethics issued by the International Ethics Standards Board for Accountants (IESBA) to improve clarity on non-compliance with laws or regulations.

Effective for audit of financial statements for periods commencing on or after 15 December 2017, the changes include a broadening of the definition of non-compliance.

Top Content

    UNCTAD/ISAR: corporate reporting to reach the sustainable development goals

    The implications of changes to financial reporting for achieving the Sustainable Development Goals were discussed at the United Nations Intergovernmental Working Group on Accounting and Reporting Standards conference. Vincent Huck reports

    read more

    Highlights from ISAR34: SDGs, integrated reporting, regulation

    How organisations can embed the SDGs and sustainability into their business models and strategies through the integrated reporting was the subject of a panel discussion at ISAR34. Vincent Huck reports

    read more

    Integrated reporting: financial capital providers first

    The Accountant caught up with International Integrated Reporting Council managing director for global implementation Neil Stevenson at ISAR34. He explains why integrated reporting is for providers of financial capital first and foremost and where it is heading. Interview by Vincent Huck

    read more

    Management Accounting: Yesterday, today and tomorrow

    Andrew Harding, chief executive, management accounting, at the Association of International Certified Professional Accountants met The Accountant to discuss the new association formed by the AICPA and CIMA, partnership as well as trends in management accounting and where it is heading. Interview by Vincent Huck

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.