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The FRC promotes high quality corporate governance and reporting to foster investment.
Timely, relevant and trustworthy information about company performance, prospects and board behaviour helps attract capital to UK companies.
The FRC sets and promotes high standards in accounting, auditing and actuarial practice.
We oversee the conduct of the professionals involved.
The FRC's culture is open and collaborative.
We embrace diversity and provide equality of opportunities for our staff
As the competent authority for audit the FRC is the UK's independent audit regulator.
We monitor the quality of audits of public interest entities and take enforcement action where necessary.
Culture to Capital: aligning corporate behaviour with long term performance
Companies face a wake-up call to review their cultures
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Latest News
FTSE 350 audits improved with further action needed to deliver consistent improvement
15 Jun 2017
The quality of audits of FTSE 350 companies in the UK is improving
> read more
Outcome of disciplinary cases in connection with The Cup Trust
12 Jun 2017
Outcome of disciplinary cases in connection with The Cup Trust
> read more
Closure of investigation into the conduct of members and a member firm as auditors of Tesco plc
05 Jun 2017
The Financial Reporting Council (‘FRC’) announces the closure of its investigation
> read more
Publications
Audit Quality Inspection Report 2016/17 - PwC LLP
Audit Quality Inspection Report 2016/17 - Grant Thornton LLP
Audit Quality Inspection Report 2016/17 - EY LLP
Audit Quality Inspection Report 2016/17 - BDO LLP
Audit Quality Inspection Report 2016/17 - Deloitte LLP
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Consultations
Invitation to Comment: Proposal to revise PN 11: The audit of charities in the United Kingdom
Review Panel Call for Submissions
Discussion Paper - Invitation to comment: Auditors and Preliminary Announcements
Consultation and Impact Assessment: Proposal to revise Practice Note 15
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Events
4 July 2017:
Better Communication - Seeing the Wood for the Trees: Role of Disclosures?
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