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About Financial Reporting Council
The Financial Reporting Council (FRC) is the UK's independent regulator for corporate governance, accounting, auditing, and actuarial standards. It promotes transparency and integrity by setting the UK Corporate Governance and Stewardship Codes. The FRC regulates auditors, accountants, and actuaries, ensuring high-quality reporting and audits. Its target audience includes investors and companies relying on financial reports. The unique selling proposition is its role in fostering trust and investment through rigorous oversight and standards-setting, enhancing the reliability of financial information in the UK market. The FRC is funded by the audit profession and other regulated entities[1][2][5].
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