In Conversation: What’s the difference between statutory audit and assurance?
News types: Codes and Standards Announcements
Published: 8 August 2025
Following on from the FRC's recent podcast episode on exploring 'What is an Audit', Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined once again by Project Directors, Ramana McConnon and Peter Kitson, to delve into the key differences between audit and assurance. They also unpack the FRC's regulatory role in assurance, and the standards that govern it.