Reports, Plans and Budgets

Annual Reports 

Read this year's FRC Annual Report and Financial Statements for the year ended 31 March 2019 (PDF) Accessible format (PDF)
Updates & Corrections - Annual Report & Financial Statements Year end 2019 ISBN Correction Slip

Divisional Reports

Find our newly published Annual Enforcement Review 2019 here (PDF)
                   

Plan and Budget

Read or download the Consultation on the FRC Plan and Budget 2020/21 (PDF)

(FRC Strategy for 2018-21: Draft Plan and Budget and Levy Proposal 2018/19) (PDF)

Read or download the FRC Strategy 2018 (Budget and Levies 2018/19) (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 FRC Annual Report and Accounts.