The Financial Reporting Council (FRC) regulate auditors, accountants and actuaries, and set the UK’s Corporate Governance and Stewardship Codes.
Department for Business, Energy & Industrial Strategy (BEIS) recently published its consultation into "Restoring trust in audit and corporate governance: proposals on reforms" . But what does that mean for the FRC as it transitions into the Audit, Reporting and Governance Authority (ARGA) and what are the next steps in corporate reform to protect and promote the interests of investors, other users of corporate reporting, and the wider public interest?
We know that trust is even more important to investors and other stakeholders to have confidence in the UK as a great place to do business and a large part of this is based on the reliability of the information companies are providing today to support the broader economy.
The FRC has been through an extensive period of stakeholder engagement and at this event, speakers from the FRC will outline:
- What the main learnings are from stakeholder engagement
- What the upcoming changes in reporting and governance will mean for companies
- What the future of corporate reporting might look like
- Explain how the FRC will continue evolving to meet these challenges on its transition to ARGA
- David Styles, Director, Corporate Governance and Stewardship, FRC
- Mark Babington - Executive Director, Regulatory Standards, FRC
- Kate O’Neill, Director Stakeholder Engagement and Corporate Affairs, FRC
- Josephine Jackson - Director International Audit and Assurance
- Sallie Pilot, Chief Insight and Engagement Officer, Black Sun