12 August, 2026
This report is part of a series, following earlier reports on developments in corporate governance and audit. It provides the FRCās assessment of corporate reporting in the UK based on broad outreach and evidence, including that obtained from the FRCās own monitoring work, performed by its Corporate Reporting Review (āCRRā) team, on cases opened in the year to 31 March 2016, and from more recently performed thematic reviews.
Brought to you by Financial Reporting Council
This report from the Financial Reporting Council brings together findings from all its supervisory activities to provide a comprehensive assessment of audit quality across audit firms that undertake Public Interest Entity audits (PIE audit firms). It sets out the FRCās perspective on the curren...
To understand how corporate reporting is adapting to the use of AI technologies, the FRC commissioned Lancaster University to undertake interviews and a survey with key stakeholders. These survey resultsĀ show that the use of artificial intelligence technologies is increasing, especially the use ...
Brought to you by Financial Reporting Council
The Financial Reporting Council outlines its revised approach to audit supervision, which focuses on firmsā own systems of quality management (SoQM). The new approach will begin in April 2026 with a phased year of implementation and development for the twelve largest audit firms during 2026/27.