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FRC welcomes Government legislation to modernise regulatory toolkit

The King's Speech set out the Government's intention to create ARGA and strengthen audit, corporate governance and financial reporting

FRC launches campaign to support SMEs

Initiative to support access to audit services and reduce reporting burdens where possible

Latest News

• Investigation regarding an audit by Ernst & Young LLP

  Published: 13 March 2025

• FRC launches public beta of digital tool to transform access to company data

  Published: 10 March 2025

• Roundtable Invitation: SME Market Study

  Published: 7 March 2025

• FRC issues updated guidance to support going concern reporting

  Published: 25 February 2025

• Investigation regarding the conduct of two individual accountants in relation to Woking Borough Council’s operations and investment activities

  Published: 13 February 2025

• Local Audit Leadership transferred to MHCLG

  Published: 12 February 2025

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Open Consultations

• Small and medium-sized enterprises (SME) market study

  Response deadline: 25 April 2025

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Standards and Codes

We set standards and codes for the UK

• Accounting Standards
• Auditing Standards
• Actuarial Standards
• UK Corporate Governance Code
• UK Stewardship Code

Supervision

We deliver supervisory and monitoring obligations

• Audit Firm Supervision
• Audit Market Supervision
• Audit Quality Review
• Corporate Reporting Review
• Professional Bodies Supervision
• Audit Firm Resources
• Audit Firm Specific Reports

Enforcement

We conduct investigations and take enforcement action where appropriate

• Audit Enforcement Procedure
• Accountancy Scheme
• Actuarial Scheme

Working at the FRC

The FRC currently has a range of vacancies from entry level to senior hires. Find out more about working at the FRC.

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