FRC publishes annual audit firm inspection results

News Financial services Reports

Date: 15th Jul, 2025 Source: Financial Reporting Council (FRC) Country: United Kingdom Original Source

Brief

"On 15/07/2025", the Financial Reporting Council (FRC) issued an update regarding FRC publishes annual audit firm inspection results. The report indicates continued improvement in audit quality, with Tier 1 firms achieving positive outcomes on 90% or more of their audits. However, some non-Tier 1 firms struggle to meet adequate standards, and BDO requires urgent improvement in certain areas, highlighting the ongoing challenge for the UK's audit market.

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Financial Reporting Council (FRC)

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FRC publishes annual audit firm inspection results

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FRC publishes annual audit firm inspection results

Brief

Financial Reporting Council (FRC)

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