Financial Reporting Council

  • 3 Posts
  • 1 Sections
  • 1 Types
November 1, 2023 3 min read Definitions
Urgent Issues Task Force (UITF) Overview: Bridging Gaps in Accounting Standards
Finance Accounting Financial Reporting UITF Accounting Standards Financial Reporting Council Accounting Practices Standard-Setting Process
Explore the pivotal role of the Urgent Issues Task Force (UITF) in addressing expedient financial reporting matters from 1991 to 2012, and its impact on modern accounting practices.
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October 4, 2023 2 min read Definitions
Sharman Inquiry: A Critical Look into Financial Reporting
Finance Corporate Governance Financial Reporting Sharman Inquiry Liquidity Risk Financial Reporting Council Corporate Governance Code Going Concern Concept
Explore the Sharman Inquiry — its establishment, significance, and impact on liquidity risk reporting standards and corporate governance.
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October 4, 2023 3 min read Definitions
Statement of Recommended Practice (SORP) in the UK
Finance Accounting United Kingdom SORP Accounting Standards Financial Reporting Council Industry Specific Accounting UK Finance Regulations
Explore the nuances of Statement of Recommended Practice (SORP) in the UK, its significance in industry-specific accounting, and the role of the Financial Reporting Council in its approval.
Read more about Statement of Recommended Practice (SORP) in the UK.

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