Financial Reporting Council

The Financial Reporting Council (FRC) is the UK's independent regulatory body overseeing accounting, auditing, and corporate governance standards. Its primary role is to ensure organizations provide accurate, transparent financial information, fostering trust among investors and the public. The FRC sets regulations, monitors compliance, and enforces standards to promote high-quality financial reporting and ethical behavior within businesses. By doing so, it helps maintain confidence in the financial markets and supports the integrity of the UK's corporate sector.