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FRC CEO sets out focus for 2026

The Financial Reporting Council's priorities for the year ahead

Building capability and supporting growth for small UK audit firms

Initiative for small audit firms looking to establish a greater presence in the UK Public Interest Entity (PIE) audit market

Latest News

• Sanctions against Nicholas Bowerman for failure to co-operate with an investigation by the Financial Reporting Council

  Published: 16 January 2026

• FRC CEO sets out focus for 2026

  Published: 14 January 2026

• FRC sets schedule for 2026 consultation windows

  Published: 8 January 2026

• FRC Launches Consultation on Draft Plan and Budget for 2026-27

  Published: 15 December 2025

• Investigation regarding an audit of Shell plc by Ernst & Young LLP

  Published: 15 December 2025

• In Conversation: Consulting to update the Audit Enforcement Procedure

  Published: 10 December 2025

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Open Consultations

• Draft Annual Plan and Budget 2026-27 consultation

  Response deadline: 6 February 2026

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Standards and Codes

We set standards and codes for the UK

• Accounting Standards
• Auditing Standards
• Actuarial Standards
• UK Corporate Governance Code 2024
• UK Stewardship Code 2026
• The Wates Corporate Governance Principles for Large Private Companies

Supervision

We deliver supervisory and monitoring obligations

• Audit Firm Supervision
• Audit Market Supervision
• Audit Quality Review
• Corporate Reporting Review
• Professional Bodies Supervision
• Audit Firm Resources
• Audit Firm Specific Reports

Enforcement

We conduct investigations and take enforcement action where appropriate

• Audit Enforcement Procedure
• Accountancy Scheme
• Actuarial Scheme

Working at the FRC

The FRC currently has a range of vacancies from entry level to senior hires. Find out more about working at the FRC.

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