Tender Details

Country: United Kingdom
Summary: Professional Services for Scenario Development, Facilitation and Delivery of an Audit Market Resilience Exercise
GBT Ref No: 106438745
Deadline: 07 Oct 2024
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: GBP 100000
Notice Type: Tender
Document Ref. No.: FRC2024-005
Purchaser's Detail:
Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details.
Login to see details
Description:
The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. We seek to promote transparency and integrity in business; our work is aimed at investors and others who rely on company accounts, audit, and high-quality risk management. As the Competent Authority for audit in the UK, the FRC sets auditing and ethical standards and monitors and enforces audit quality.

A key FRC strategic objective is to create a more resilient audit market through greater competition and choice. The FRC's supervisory activities work towards achieving this aim through its 'four faces' model, that encourages UK audit firms to prudently manage their risks and so reduce their likelihood of failure. The FRC also has a role to play in responding to the challenges faced by the largest providers of audit services, as firm shocks that could harm resilience could cause market instability, and/or could result in reduced audit quality and choice in the market for statutory audit services.

The FRC has launched a Project to test its responsiveness to one of its principal market risks occurring. The Resilience Project will culminate in a market-wide exercise involving the FRC and other organisations.

The FRC now seeks tender submissions from experienced providers to help plan and facilitate the proposed market-wide exercise Autumn 2024.

The nature of the project will involve a degree of confid...
Documents:

If you are registered member, kindly login to view full details of this tender notice:

Professional Services for Scenario Development, Facilitation and Delivery of an Audit Market Resilience Exercise - Greatbritain Tender

The THE FINANCIAL REPORTING COUNCIL LIMITED, a Government sector organization in United Kingdom, has announced a new tender for Professional Services for Scenario Development, Facilitation and Delivery of an Audit Market Resilience Exercise. This tender is published on GreatbritainTenders under GBT Ref No: 106438745 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2024-10-07.

The estimated tender value is GBP 100000, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.