Research into the challenges faced by SMEs in relation to audit and corporate reporting

THIS IS A CONTRACT AWARD NOTICE The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. As the Competent Authority for audit in the UK, we set auditing and ethical standards and monitor and enforce audit quality. The purpose of the FRC is to serve the public interest and support UK economic growth by upholding high standards of corporate governance, corporate reporting, audit and actuarial work. 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. The FRC were seeking Research Services into the challenges faced by SMEs in relation to audit and corporate reporting. This research project aims to allow the FRC to build a greater understanding of the challenges affecting SMEs and the decisions they make about financial audits. Additional information: THIS IS A CONTRACT AWARD NOTICE The FRC can extend the Contract for the Extension Period by giving the Supplier no less than 3 Months' written notice before the Contract expires.