CIMA is actively participating in the independent review of the Financial Reporting Council (FRC) through interviews, round tables, letters and comments.
The Financial Reporting Council regulates auditors, accountants and actuaries, and set the UK’s Corporate Governance and Stewardship Codes. They promote transparency and integrity in business.
Their work is aimed at investors and others who rely on company reports, audit and high-quality risk management. The Department of Business, Energy and Industrial Strategy has initiated a review of the FRC under the leadership of Sir John Kingman.