About the FRC FRC Structure Supervision Committee

Supervision Committee

Role of the Supervision Committee

The Supervision Committee is responsible for overseeing the FRC's delegated statutory supervisory and oversight functions and its non-statutory monitoring work, with the aim of serving the public interest by promoting high professional standards in accounting, audit, actuarial work and corporate reporting.

The Committee provides strategic input and constructive challenge to the FRC’s supervision and monitoring activities, identifying key areas of risk and monitoring progress against the Supervision Division's objectives and operational plans.

The Committee advises the FRC Board on the exercise of statutory functions delegated to it by the Secretary of State under section 457 of the Companies Act 2006 and section 14(2) of the Companies (Audit, Investigations and Community Enterprise) Act 2004.

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Committee Members

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Terms of Reference

The responsibilities of the Supervision Committee are set out in the Committee's Terms of Reference.

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Policies and Procedures

The Supervision Committee and the FRC Board exercise these functions in accordance with its Operating Procedures (PDF).

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