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The FRC has issued its Annual Report and Accounts 2016/17
View key highlights from the report
youtu.be/I_pTEkpSf6M
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.
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Latest News
FRC notes evidence of improving audit quality and a commitment to continuous improvement
28 Jul 2017
Developments in Audit 2016/17
> read more
No change to pre-emption thresholds for Prospectus Regulation
27 Jul 2017
The Prospectus Regulation came into force on 20 July
> read more
Non-Financial Reporting Directive Factsheet
26 Jul 2017
The FRC has today published a factsheet on non-financial reporting
> read more
Publications
Developments in Audit 2016/17 - Full report
Developments in Audit 2016/17 - Summary report
FRC Response to IAASB’s ED 540 Consultation – Accounting Estimates and Disclosures
FRC Annual Report and Accounts 2016/17
Feedback Statement and Impact Assessment: Withdrawal of Practice Note 16
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Consultations
Consultation Paper and Impact Assessment: Money Laundering Guidance
Invitation to Comment: Proposal to revise PN 11: The audit of charities in the United Kingdom
Review Panel Call for Submissions
FRED 67 Draft Amendments to FRS 102 - Triennial Review 2017
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