UK Accounting Regulation

Financial Reporting Review Panel (FRRP)
The Financial Reporting Review Panel (FRRP) is an operating body of the UK Financial Reporting Council, tasked with investigating departures from the accounting requirements of the Companies Acts and empowered to take legal action to rectify such departures. It focuses on the financial reports of public companies and large private companies.
Professional Oversight Board (POB)
The Professional Oversight Board (POB) is a UK regulatory body responsible for overseeing the regulation of auditors, accountants, actuaries, and providing independent oversight for the accounting, auditing, and actuarial professions.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.