21 May 2025

UK FRC issues audit guidance for SMEs

The UK Financial Reporting Council (FRC) has released guidance to support SMEs with the annual audit process.

It has published a summary document, setting out the key considerations for a successful audit and the public interest benefits that audit provides.

In addition, the FRC has released a podcast episode on the practicalities and importance of the audit process.

Summary document

Podcast

Companies: 
UK FRC