The FRC exercises its regulatory responsibilities in a proportionate and evidence-based way, informed by the expertise of market participants - company directors, accountants, actuaries and investors. As the UK's independent regulator it focuses on promoting high levels of audit quality and contributes to the international debate on the future of the audit market. It promotes high quality corporate reporting and governance, publishing Codes and Standards that companies, auditors, actuaries and accountants adopt. The goal of the FRC's work is to foster a climate in which investment can flourish.
Read more about the FRC's structure