13 August, 2026
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 FRC’s perspective on the current state of audit quality overall, the factors influencing its delivery, and the actions needed to support sustained improvement across the PIE audit market.
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 FRC’s 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 results 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 firms’ 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.