184-81 Guidance on Risk Management, Internal Control and Related Financial and Business Reporting, 2014

Summary

This guidance revises, integrates and replaces the previous editions of the FRC's Internal Control: Guidance to Directors (formerly known as the Turnbull Guidance) and the Going Concern and Liquidity Risk: Guidance for Directors of UK Companies and reflects changes made to the UK Corporate Governance Code in 2014.

Thumbnail image for This guidance revises, integrates and replaces the previous editions of the FRC's Internal Control: Guidance to Directors (formerly known as the Turnbull Guidance) and the Going Concern and Liquidity Risk: Guidance for Directors of UK Companies and reflects changes made to the UK Corporate Governance Code in 2014.

Issuer

United Kingdom

Year

2014

Region

Europe

Issuer (type)

Financial Reporting Council (FRC) (Financial Regulator)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary

Main industries targeted

Professional, Scientific, & Technical Services
Finance & Insurance
Transportation & Warehousing

Restrictiveness

Very Low

Sustainable Development Goals (SDGs)

SDG 5: Gender Equality
SDG 6: Clean Water and Sanitation
SDG 10: Reduced Inequality
SDG 14: Life Below Water
SDG 15: Life on Land