Jun 16, 2020 High Court decides auditors – not audit clients – are to assess whether documents are privileged and can be withheld from the FRC By Lucy Isaac An auditor producing documents to the Financial Reporting Council (the FRC) must make its own assessment of whether those documents are...
Feb 19, 2020 Reversal of the bombshell: the UK's FRC is not entitled to compel privileged documents By Ali Kirby-Harris Audit firm clients (and audit firms themselves) may breathe a – cautious - sigh of relief. In September 2018, the English High Court made...
Sep 17, 2018 Another bombshell on privilege - and interesting repercussions for auditors / audit clients By Ali Kirby-Harris No sooner has the dust settled on the ENRC decision, than the High Court delivers another sizzler… developing the law on privilege...
Aug 07, 2018 Excluded from practice: the latest FRC Tribunal decision By Ali Kirby-Harris By Ali Kirby-Harris and Lynette Ebo Today the Financial Reporting Council announced the exclusion from the accountancy profession of...
Jul 31, 2018 The UK FRC’s latest decision: no further action… and no further information? By Ali Kirby-Harris By Alison Kirby-Harris and Matthew Conacher The Financial Reporting Council announced yesterday the closure of its investigation into...
Dec 05, 2017 FRC consults on new UK Corporate Governance Code By Alice Greenwell The FRC has today published its proposed new UK Corporate Governance Code for consultation. As expected, the FRC has carried out a...