Reports, Plans and Budgets
Read this year's FRC Annual Report and Financial Statements for the year ended 31 March 2018 (PDF)
Plan and Budget
Please find here the proposed Plan & Budget for 2019/20 (PDF)
Read or download the Consultation on the FRC Plan and Budget 2019/20 (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.