THE FINANCIAL REPORTING COUNCIL LIMITED

Body governed by public law

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Body governed by public law

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http://www.frc.org.uk

Address

8Th Floor,125 London Wall

LONDON
EC2Y 5AS
United Kingdom

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Goodman Masson Limited
Epq Recruitment Ltd
Kite Human Capital Limited
Huntswood CTC Ltd
Hays Specialist Recruitment Limited
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Open Opportunities

These are contracts by THE FINANCIAL REPORTING COUNCIL LIMITED which are open for your company to bid on. You can find information about the estimated value, closing dates, etc. on the card.

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Published 3 weeks ago

Professional services for scenario development, facilitation and delivery of an audit market resilience exercise

The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. We seek to promote transparency and integrity in business; our work is aimed at investors and others who rely on company accounts, audit, and high-quality risk management. As the Competent Authority for audit in the UK, the FRC sets auditing and ethical standards and monitors and enforces audit quality.  A key FRC strategic objective is to create a more resilient audit market through greater competition and choice. The FRC's supervisory activities work towards achieving this aim through its 'four faces' model, that encourages UK audit firms to prudently manage their risks and so reduce their likelihood of failure. The FRC also has a role to play in responding to the challenges faced by the largest providers of audit services, as firm shocks that could harm resilience could cause market instability, and/or could result in reduced audit quality and choice in the market for statutory audit services. The FRC has launched a Project to test its responsiveness to one of its principal market risks occurring. The Resilience Project will culminate in a market-wide exercise involving the FRC and other organisations. The FRC now seeks tender submissions from experienced providers to help plan and facilitate the proposed market-wide exercise Autumn 2024. The nature of the project will involve a degree of confidential and sensitive information. The audit market resilience exercise is likely to involve representatives from the FRC, the larger audit firms, UK financial regulators who may regulate the clients of the larger audit firms, the Government (i.e., Department for Business & Trade), and possibly an international audit regulator. The FRC will require the successful contractor to conduct all three key project stages (set up, evidence gathering, and reporting) in accordance with the Competition Act 1998, Competition and Markets Authority Guidance, and other applicable laws and regulations. PLEASE SEE THE ITT FOR FULL DETAILS. Additional information: Notes:- • Download and review the documents; • Observe the timelines and tender process • Register your interest in this opportunity by email to [email protected] • You will need to register your interest in this opportunity to receive the Q&A responses.

£100,000 Bids close: 2 weeks from now

Contracts awarded by THE FINANCIAL REPORTING COUNCIL LIMITED

These are contracts have closed and been awarded by THE FINANCIAL REPORTING COUNCIL LIMITED to a company or companies. Click on the contract to view more detailed information and view the full details about the winning bid/company.

Contacts

Head of Procurement

[email protected]

+44 2074922300

Head of Procurement

[email protected]

020 7492 2475

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Statistics (1 Year)

Contracts Issued

Total Spend

£2,856,224

Average Spend

£259,657

THE FINANCIAL REPORTING COUNCIL LIMITED

Information

Name

Type

Roles

Company Size

Company Number

Incorporation Date

Website

Address

Suppliers

Open Opportunities

Professional services for scenario development, facilitation and delivery of an audit market resilience exercise

Contracts awarded by THE FINANCIAL REPORTING COUNCIL LIMITED

Recruitment Services Framework Agreement

Annual People Survey(s)

Market Intelligence Platform

Independent Expert: Mutual Recognition Agreements (MRAs)

Assessment services

Research Services - Innovation and Competition in the Audit Market

Contacts

Statistics (1 Year)

Contracts Issued

Total Spend

Average Spend