In this episode, Richard Moriarty, CEO, joins Kate O'Neill, Director of Stakeholder Engagement
and Corporate Affairs, to discuss the FRC's proposals to update the Audit Enforcement Procedure as part of its End-to-end Enforcement Process Review. The proposals aim to expand the FRC's regulatory toolkit to deliver proportionate responses to different types of failings, and Richard and Kate discuss how the proposed expansion from two enforcement routes to five will enable this, before outlining the FRC's comprehensive plan to engage with a range of stakeholders across webinars and roundtables.
The FRC is hosting a webinar on Wednesday 8 October to discuss the proposals in detail, with an
opportunity for Q&A with the expert speakers: Elizabeth Barrett, Executive Director of Enforcement, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, and Anthony Barrett, Director of Audit Quality Review.
All content for FRC Podcasts is the property of Financial Reporting Council and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
In this episode, Richard Moriarty, CEO, joins Kate O'Neill, Director of Stakeholder Engagement
and Corporate Affairs, to discuss the FRC's proposals to update the Audit Enforcement Procedure as part of its End-to-end Enforcement Process Review. The proposals aim to expand the FRC's regulatory toolkit to deliver proportionate responses to different types of failings, and Richard and Kate discuss how the proposed expansion from two enforcement routes to five will enable this, before outlining the FRC's comprehensive plan to engage with a range of stakeholders across webinars and roundtables.
The FRC is hosting a webinar on Wednesday 8 October to discuss the proposals in detail, with an
opportunity for Q&A with the expert speakers: Elizabeth Barrett, Executive Director of Enforcement, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, and Anthony Barrett, Director of Audit Quality Review.
Join Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs and Sarah Rapson, Executive Director of Supervision, as they discuss the FRC's latest phase of engagement on the Future of Audit Supervision Strategy (FASS). This episode explores how the FRC may evolve its supervisory approach to centre on firms' systems of quality management, moving towards a more proportionate and qualitative framework that supports audit quality across the entire market. Sarah shares insights from extensive stakeholder engagement and outlines key proposals including changes to inspection approaches and reporting methods. The consultation, running until 30 September, seeks views from all stakeholders with an interest in creating a supervisory environment that promotes a resilient audit market whilst reducing regulatory burden and supporting trust and confidence in UK businesses.
FRC Podcasts
In this episode, Richard Moriarty, CEO, joins Kate O'Neill, Director of Stakeholder Engagement
and Corporate Affairs, to discuss the FRC's proposals to update the Audit Enforcement Procedure as part of its End-to-end Enforcement Process Review. The proposals aim to expand the FRC's regulatory toolkit to deliver proportionate responses to different types of failings, and Richard and Kate discuss how the proposed expansion from two enforcement routes to five will enable this, before outlining the FRC's comprehensive plan to engage with a range of stakeholders across webinars and roundtables.
The FRC is hosting a webinar on Wednesday 8 October to discuss the proposals in detail, with an
opportunity for Q&A with the expert speakers: Elizabeth Barrett, Executive Director of Enforcement, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, and Anthony Barrett, Director of Audit Quality Review.
