Financial Reporting Council
The FRC seeks to promote transparency and integrity in business by aiming its work at investors and others who rely on company reports, audits and high-quality risk management.As of 2010[update] the AADB had a substantial workload including investigations into the conduct of professional firms, such as EY, that had advised Lehman Brothers, JPMorgan, Connaught, Aero Inventory, and BAE Systems.The Board's stated purpose was to support the FRC's goal of investor and public confidence in the financial governance of business organisations.The Board provides assurance that professional accountancy bodies are properly setting standards and enforcing discipline for their members, in accordance with the Companies Act 2006 and other statutory requirements.Press reports highlighted comments about ACCA, which had implemented recommendations to improve its examination syllabus, but needed to pay greater attention to continuing monitoring of members who had registered as auditors some years ago.In April 2002 APB was re-established under the auspices of The Accountancy Foundation and, following a UK government review, it was transferred to the FRC.[17] Private Eye reported that during the appointment process, Simon Dingemans did not declare an interest in a company which was late filing accounts.[30] Meanwhile, in November 2018, it was announced that Stephen Haddrill, CEO of the FRC, was to quit, amid suggestions that his departure might lead to the body's abolition.[3] Plans for the new regulator were included in the September 2019 Queen's Speech and, despite concerns that the launch of ARGA might be delayed, the Department for Business, Enterprise and Industrial Strategy (BEIS) told Accountancy Daily in February 2020 that "next steps on audit reform" would be taken in the first quarter of 2020.
IrelandCity of LondonCorporate GovernanceStewardship CodesJohn KingmanAudit, Reporting and Governance Authoritycompany limited by guaranteeCompanies Act 2006Secretary of State for Business, Energy and Industrial StrategyUK Corporate Governance CodeCompanies Act 1985Institute of Chartered Accountants in England and WalesAssociation of Chartered Certified AccountantsChartered Institute of Management AccountantsChartered Institute of Public Finance and AccountancyLehman BrothersJPMorganConnaughtBAE Systemsregulatoryaccountingauditingactuarialprofessionsreportinginvestorbusinessprofessional accountancy bodiesdisciplineethicalprofessional developmentConsultative Committee of Accountancy BodiesUnited KingdomSir Winfried BischoffStephen HaddrillSimon DingemansSir Jon ThompsonPrivate EyeJan du PlessisCarillionRichard AdamZafar KhanBusiness SecretaryGreg ClarkThe Pensions RegulatorCity A.M.King's SpeechUK company lawStewardship CodeList of financial regulatory authorities by jurisdictionAccountancy AgeUK Regulators NetworkAdvocate General for ScotlandCivil Aviation AuthorityFinancial Conduct AuthorityInformation Commissioner's OfficeLegal Services BoardNorthern Ireland Authority for Utility RegulationOffice of Rail & RoadPayment Systems RegulatorRegulator of Social HousingSingle Source Regulations OfficeDepartment for Business and TradeMinistersSecretary of State for Business and TradeJonathan ReynoldsMinister of State for Trade Policy and Economic SecurityDouglas AlexanderMinister for IndustrySarah JonesParliamentary Under-Secretary of State for Employment Rights, Competition and MarketsJustin MaddersParliamentary Under-Secretary of State for Services, Small Business and ExportsGareth ThomasThe Baroness Jones of WhitchurchCivil ServantsPermanent SecretariesCrawford FalconerNon-ministerial departmentsCompetition and Markets AuthorityExecutive agenciesCompanies HouseInsolvency ServiceNon-departmentalpublic bodiesAdvisory, Conciliation and Arbitration ServiceBritish Hallmarking CouncilCompetition ServiceSmall Business CommissionerTrade Remedies AuthorityLow Pay CommissionCentral Arbitration CommitteeCompetition Appeal TribunalPublic corporationsPost Office LimitedBritish Business BankCertification OfficerGroceries Code AdjudicatorOffice of Manpower EconomicsOffice of the Regulator of Community Interest CompaniesPubs Code AdjudicatorBusiness and Trade Select CommitteeDepartment for Business, Energy and Industrial StrategyDepartment for International Trade