Financial Reporting Council

(FRC).

The regulatory body in the UK that sets, monitors and enforces accounting, auditing and actuarial standards.

Its functions also include overseeing the regulatory activities of the professional accountancy bodies regulating audit, and promoting high standards of corporate governance.

See also

• Accounting standards
• Accounting Council
• Auditing Practices Board
• Board for Actuarial Standards
• Financial Reporting Review Panel
• Professional Oversight Board
• UK Corporate Governance Code
• UK Stewardship Code
• Conduct Committee