The Financial Reporting Council has published its draft plan and budget for 2016/17: see here (pdf). As well as setting out priorities for the year ahead (including forthcoming publications), the FRC's plan also seeks views on proposed indicators of governance quality, including the proportion of FTSE350 companies stating that they have met all, or all but one, of the provisions in the UK Corporate Governance Code and the perceived quality of 'comply or explain' explanations.
Wednesday, 23 December 2015
UK: FRC publishes draft plan and budget for 2016/17
The Financial Reporting Council has published its draft plan and budget for 2016/17: see here (pdf). As well as setting out priorities for the year ahead (including forthcoming publications), the FRC's plan also seeks views on proposed indicators of governance quality, including the proportion of FTSE350 companies stating that they have met all, or all but one, of the provisions in the UK Corporate Governance Code and the perceived quality of 'comply or explain' explanations.
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