Reports, Plans and Budgets
FRC Annual Report and Accounts 2020/21 (PDF)
Read this years Annual Enforcement Review here (PDF)
Plan and Budget
Read or download the FRC Strategy 2021/22 (PDF)
Read or download the Feedback Statement on FRC Draft Strategy 2021/22 (PDF)
Read or download the FRC Plan and Budget & Levies 2020-21 (PDF)
Report to the Secretary of State
The FRC is required to report annually to the Secretary of State for Department for Business, Energy & Industrial Strategy (formerly Business, Innovation and Skills) on how it has discharged its statutory responsibilities in respect of:
Statutory oversight of the regulation of statutory auditors by recognised professional bodies;
Direct inspection, by the Audit Quality Review team, of the quality of statutory audits of public interest entities;
Non statutory independent oversight of the regulation of actuaries by their professional body;
As the Independent Supervisor of Auditors General, for the purposes of the Companies Act 2006; and
Non statutory independent oversight over the regulation of accountants by the six chartered accountancy bodies.
Reports from 2013 onwards are incorporated into the Previous Annual Report and Accounts below.