The FRC is consulting over the public interest issues that may arise from the existing competitive environment for audit services to large companies in the UK and how they might be addressed.
To download more information please click on the pdfs or links below.
FRC announcements and papers
Copies of the Final Report of the Market Participants Group and the FRC Project Update may be requested by emailing auditchoice@frc.org.uk
- Consultation on the issues to be addressed by an audit firm governance code (November 2008)
- Choice in the UK Audit Market: Progress Report and Further Consultation (May 2008)
- Consultation on proposed changes to Guidance on Audit Committees (The Smith Guidance)
- Norman Murray to lead initiative on audit firm governance
- FRC publishes Audit Quality Framework
- Prepared statement of Richard Fleck, Chairman of the Auditing Practices Board, before the Advisory Committee on the Auditing Profession – Los Angeles (4 February 2008)
- Opening remarks by Paul Boyle, Chief Executive, Financial Reporting Council, before the Advisory Committee on the Auditing Profession - Washington, DC (3 December 2007)
- Prepared statement of Paul Boyle, Chief Executive, Financial Reporting Council, before the Advisory Committee on the Auditing Profession - Washington, DC (3 December 2007)
- FRC letter to the Advisory Committee on the Auditing Profession (5 November 2007)
- FRC Press Notice 198 'Final report of Audit Choice Market Participants Group published; FRC initiates implementation of steps to improve choice in the UK audit market
- FRC Press Notice 188 'FRC publishes responses to interim report of Market Particpants Group'
- Key Points from Stakeholder Meeting held on 10 May 2007
- FRC Press Notice 174 'FRC publishes Interim Report of Market Participants Group as part of Audit Choice Project
- Interim Report of the Market Participants Group
- Choice in the UK Audit Market FRC Update April 2007
- FRC Press Notice 173 'FRC to hold stakeholder meeting on provisional recommendations of Market Participants Group as part of Audit Choice project
- Terms of Reference for the Market Participants Group
- Choice in the UK Audit Market: Market Participants Group Appointed
- Key Points from Stakeholder Meeting held on 18 September 2006
- Choice in the UK Audit Market: Briefing Paper for Second Stakeholder Meeting
- FRC Press Notice 156 'Choice in the UK Audit Market: Papers for Second Stakeholder Meeting Issued'
- FRC Publishes Discussion Paper on Choice in the UK Audit Market
- Key Points from Stakeholder Meeting held on 26 April 2006
- FRC and DTI Publish Study, Competition and Choice in the UK Audit Market
Responses to the April 2007 Interim Report of the Market Participants Group
Responses to the FRC's 2006 discussion paper
Useful links
