Auditing and Assurance Standards and Guidance

Miscellaneous Auditing Documents

FRC Eligibility Criteria

Under the Statutory Auditor and Third Country Auditors Regulations 2016 ("SATCAR 2016"), the Financial Reporting Council of 125 London Wall, London, EC2Y 5AS is designated as the competent authority with ultimate responsibility for the performance and oversight of the audit regulation tasks mandated by EU Regulation 537/2014 and EU Directive 2006/43/EU as amended and as implemented by SATCAR 2016.
The competent authority makes these Eligibility Criteria in order to meet its responsibility under Regulation 3(1) (f) of SATCAR 2016 for the determination of criteria for the purpose of determining whether persons are eligible for appointment as statutory auditors.
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