Project Associate, Governance and Culture

The Financial Reporting Council (FRC) is responsible for the regulation of UK statutory auditors and audit firms and for monitoring developments in the market. We aim, through our supervision and oversight, to develop a fair, evidence-based and comprehensive view of these firms, to judge whether they are being run in a manner that enhances audit quality and supports the resilience of individual firms and the wider audit market. We adopt a forward-looking supervisory approach to audit firms, and we hold firms to account for making the changes needed to safeguard and improve audit quality. Further information about the role of the FRC can be found at

Audit Market Supervision (AMS) takes a cross-market approach to areas of importance to audit quality and audit firm resilience, assessing the effectiveness of the audit firms’ arrangements in the following areas:

• Audit quality management arrangements
• Governance and leadership
• Values and cultur...