As part of its enhanced approach to audit firm monitoring, the FRC has conducted two ground-breaking reviews on the risk management policies and procedures over information security and contingency planning on the six largest audit firms in the UK. A summary of the work performed is available here.

Marian Williams, Director of Audit at the FRC, explains the rationale for the reviews and the approach taken. If you would like to gain further insight, contact her on m.williams@frc.org.uk