The FRCs International Activity

Skip to main content Skip to table of contents Skip to table of contents Home About the FRC The FRC's International Activity 1 minute read The FRC works with international bodies to promote high-quality audit and corporate reporting. Comparability in financial reporting means that British companies can get access to capital in overseas markets. It also means that shareholders in the UK have more opportunities to invest their money. Many of the largest accounting networks and associations have offices in the UK and come under our inspection and enforcement procedures. Our cooperation with other enforcement bodies - through the EU and internationally - strengthens this work. As well as working with international organisations, we collaborate with other regulators and standard setters to identify common goals and reduce the risk of inconsistent requirements on those we regulate. We have strong relationships with our EU, US and Commonwealth counterparts and we are working more and more with organisations in China, Japan and Singapore to promote trade and investment relationships with Asia.

Source: Original reporting via Financial Reporting Council