Is it time to replace the Financial Reporting Council?

We welcomed the New Board Effectiveness Guidance from the Financial Reporting Council that came out last year. And we’re reading the Independent review of the Financial Reporting Council (FRC) with interest. It contains far reaching recommendations, saying it is time to replace the FRC with a new body, called the Audit, Reporting and Governance Authority. TheContinue reading “Is it time to replace the Financial Reporting Council?”

Video killed the radio star – but can it help you think about ethics?

I recently had the opportunity to participate in a viewing of ICAEW’s new short film. It is called Without Question and sets out to: provide an impactful and interesting way to highlight the challenges of directors and professional advisors seeking assurance on difficult issues… icaew.com/learning-and-development/icaew-educational-films/without-question  It does what it says on the tin. If you’reContinue reading “Video killed the radio star – but can it help you think about ethics?”

New Board Effectiveness Guidance from the Financial Reporting Council

AretéWork whole-heartedly welcomes the new Guidance for boards and board committees from the Financial Reporting Council. The guidance covers a lot of ground. In this brief post we’ll focus on one key element in the guidance: “The workforce will be a vital source of insight into the culture of the company.” We agree with this, andContinue reading “New Board Effectiveness Guidance from the Financial Reporting Council”