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FRC welcomes Government legislation to modernise regulatory toolkit

The King's Speech set out the Government's intention to create ARGA and strengthen audit, corporate governance and financial reporting

FRC launches campaign to support SMEs

Initiative to support access to audit services and reduce reporting burdens where possible

Latest News

• Investigation regarding the conduct of two individual accountants in relation to Woking Borough Council’s operations and investment activities

  Published: 13 February 2025

• Local Audit Leadership transferred to MHCLG

  Published: 12 February 2025

• FRC announces successful UK Stewardship Code signatories ahead of consultation closure

  Published: 11 February 2025

• FRC confirms no amendments to AS TM1

  Published: 6 February 2025

• FRC sets out recommendations for the sustainability assurance market

  Published: 5 February 2025

• FRC launches market study into SME audit and reporting challenges

  Published: 3 February 2025

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Open Consultations

• FRED 86 Draft amendments to FRS 101 Reduced Disclosure Framework – 2024/25 cycle

  Response deadline: 7 March 2025

• Consultation on Technical Actuarial Standard 300: Pensions (December 2024)

  Response deadline: 10 March 2025

• Small and medium-sized enterprises (SME) market study

  Response deadline: 25 April 2025

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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
• UK Stewardship Code

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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