Providers of the Standards

Financial Reporting Council (FRC)

In the UK, the FRC is the independent regulator responsible for promoting high quality corporate governance and reporting. The FRC monitors and enforces auditing standards within the UK. 

It also oversees the regulatory activities of the professional accountancy bodies, and operates independent disciplinary arrangements for public interest cases involving accountants. 

The FRC Board is supported by two governance committees and three regulatory committees.

Access more information about the FRC below, including FRC publications.

Irish Auditing and Accounting Supervisory Authority (IAASA)

In Ireland, IAASA is the independent body responsible for oversight of the regulatory functions of the Recognised Accountancy Bodies in relation to statutory auditors.

IAASA has adopted the Auditing Framework for Ireland, consisting of the Ethical Standard for Auditors (Ireland) 2020, International Standards on Auditing (Ireland) (ISA (Ireland)) comprising numerous separate standards, International Standard on Quality Management (Ireland) 1, and International Standard on Quality Management (Ireland) 2. These standards, which are based on the ISAs (UK & Ireland), as amended, are issued under licence from the FRC in the UK. 

Individuals and audit firms that are approved to carry out statutory audits in Ireland are required to conduct Irish statutory audits in accordance with the Auditing Framework for Ireland and the implementation dates specified by IAASA.

Access more information on IAASA below, including publications and the Auditing Framework for Ireland.