Observations
Feb 05, 2025UK ministers are reportedly considering limiting the powers of the country's long-awaited new accounting regulator — the Audit, Reporting and Governance Authority (Arga) — to balance regulatory oversight with economic growth, according to The Times.
by Starling Insights, Wayne Byres, Michelle W. Bowman, Charles Randell
Compendium
Feb 14, 2024Observations
Jan 15, 2024The UK Financial Reporting Council (FRC) imposed record-level fines on auditors during 2022/23, totaling £33.2 million. This represents an increase from £32.8 million in the previous year and an even larger spike from £19 million in 2020/21.
