FRC seeks new members for UK GAAP advisory group

Ellichipuram Umesh

Mon, June 15, 2026 astatine 6:33 AM CDT 1 min read

The Financial Reporting Council (FRC) successful the UK has opened applications for caller members to articulation its UK GAAP (Generally Accepted Accounting Practice) Technical Advisory Group (TAG), which advises connected accounting standards successful the UK and the Republic of Ireland.

The TAG comprises up to 15 fiscal reporting specialists with varied assemblage backgrounds operating nether the UK and Ireland framework.

The radical supports the improvement and attraction of accounting standards, including Statements of Recommended Practice (SORPs).

It assists the FRC connected matters specified arsenic conflicting interpretations, emerging risks to reporting prime and the interaction of changes successful IFRS (International Financial Reporting Standards) Accounting Standards, arsenic good arsenic "meeting users' accusation needs and the wider nationalist interest".

The FRC is inviting applicants for the "voluntary and unpaid" relation from some for-profit and not-for-profit settings.

"To enactment divers practice wrong the TAG, the FRC is peculiarly funny successful candidates with acquisition successful a preparer relation and candidates from the Republic of Ireland," the connection said.

Individuals with suitable acquisition tin use up until 30 June 2026.

The FRC precocious initiated an probe into respective tiny accountancy practices that worked for collapsed owe lender Market Financial Solutions.