About the FRC

We regulate auditors, accountants and actuaries, and we set the UK’s Corporate Governance and Stewardship Codes. We promote transparency and integrity in business. Our work is aimed at investors and others who rely on company reports, audit and high-quality risk management.

Our Purpose

Learn how the FRC serve the public interest by setting high standards of corporate governance, reporting and audit and by holding to account those responsible for delivering them.

FRC Structure

The FRC is governed by its Board. The Board discharges some of its responsibilities directly and others through its two governance Committees and three regulatory Committees. The three regulatory committees are supported by Senior Advisors.


Join us on our journey to becoming a stronger, more empowered and agile regulator. At the FRC you will work in the public interest for the benefit of those who rely on well-run companies reporting with transparency and honesty.

Restoring trust in Audit and Corporate Governance

The Financial Reporting Council has published a Position Paper setting out the next steps to reform the UK’s audit and corporate governance framework.

Role and Responsibilities

Learn about the FRC’s functions and the statutory and non-statutory sources they derive from.

Reports, Plans and Budgets

The FRC issue annual publications, including our Annual Report and 3 Year plan.

Policies and Procedures

View the FRC's Policies and Prodedures.

Governance Reporting

View the registers and reports published as part of the FRC's govenance reporting.


The FRC is funded by the audit profession, who are required to contribute under the provisions of the Companies Act 2006 and, with the agreement with HM Government, by other groups subject to, having regard to, or benefiting from FRC regulation.


View the reports from the external research from universities, research institutes, and research consultants commissioned by the FRC.

FRC Responses to External Consultations

The Financial Reporting Council often responds to external consultations that fall within its remit. View these responses.


Read an overview of the FRC Tribunal process and see a list of the Tribunal Panel members.

The FRC's International Activity

Learn how the FRC works with international bodies to promote high-quality audit and corporate reporting.