Call for evidence outcome

Financial Reporting Council independent review: call for evidence

• From: Department for Business, Energy & Industrial Strategy
• Published: 6 June 2018
• Last updated: 25 February 2019 — See all updates

This was published under the 2016 to 2019 May Conservative government

This call for evidence has closed

Detail of outcome

Read the outcome in the final report of the Financial Reporting Council: review 2018.

A total of 69 organisations, and a further 33 individuals, responded to the Review’s call for evidence.

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Original call for evidence

Summary

The Independent Review of the Financial Reporting Council (FRC) is calling for evidence and information, including specific examples, on the effectiveness of FRC.

This call for evidence ran from
6 June 2018 to 11:45pm on 6 August 2018

Call for evidence description

The call for evidence covers:

• the purpose and function of the FRC
• its impact and effectiveness
• its powers
• legal status and relationship with government
• governance and leadership
• funding, resources and staffing
• its role in reducing the risk of major corporate failure

You may wish to submit information or evidence relating to:

• comparator bodies in the UK or internationally
• the context within which the FRC operates
• anticipated shifts in regulation, technology, standards
• the wider landscape

We welcome views from those affected by the FRC’s functions and its effectiveness, including:

1. those organisations and companies that fund the FRC
2. professional bodies, including those regulated by the FRC
3. those who prepare accounts and conduct audits
4. investors and other users of accounts
5. individuals or bodies with an interest in the FRC’s effectiveness

Documents

Independent Review of the Financial Reporting Council: Call for evidence

PDF, 154 KB, 21 pages

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Published 6 June 2018
Last updated 25 February 2019 + show all updates

1. 25 February 2019

   Outcome added.

2. 19 June 2018

   Call for Evidence mailbox now available again

3. 7 June 2018

   Alert about mailbox problem

4. 6 June 2018

   First published.