Stakeholder Insight Group: Open for applications

News types: Generic Announcement

Published: 20 January 2022

The FRC is today opening applications for its Stakeholder Insight Group (SIG), a new cross-stakeholder panel that will represent preparers, investors, audit committee chairs and other key parts of our stakeholder universe including reporting framework owners and civil society groups. It inherits the role of several of our existing advisory panels and groups bringing representatives together in a manner that:
  • ensures better representation of the FRC’s stakeholders as reporting and governance expectations evolve;
  • facilitates freer exchanges of views between different stakeholder groups and the FRC; and
  • seeks to make the best use of our external stakeholders’ time as calls for their participation from various organisations increase.
The FRC is seeking to appoint 20 members to the SIG, 10 to serve a nine-month term and 10 to serve an 18-month term. Membership terms will commence on 1 April 2022 and SIG meetings will be held quarterly. These meetings will be an opportunity for members to:
  • share insights on key opportunities and potential areas of focus for the FRC;
  • share perspectives on key areas of concern and emerging risks relating to accounting, reporting, auditing and governance issues;
  • provide input on policy development, the UK Corporate Governance Code, the UK Stewardship Code and the FRC’s approach to ESG and Climate reporting;
  • provide comments on regular enforcement and supervision activities such as Audit Quality Reviews and Enforcement Reviews; and
  • consider and respond to requests for input and advice from the FRC relating to thematic reviews and other ad-hoc projects;
You can apply to join the SIG by filling in this form by Friday 11 February. Applications are open to both new participants and members of previous FRC advisory groups.

Contact [email protected] for further information.

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