Research project: Competition and market conditions in the UK market for statutory audit of Public Interest Entities (PIEs)

Tender description

The Financial Reporting Council (FRC) welcomes proposals for a research project supporting its monitoring of developments in the UK market for Public Interest Entity (PIE) audits. The requirements of this project are set out further below. In summary there are two main parts: A Indicators and methodology. (i) Identify and develop a suitable set of indicators for the routine assessment of the state of competition in the UK market for statutory audit of PIEs. (ii) Identify and develop a reliable set of methods for collecting and processing the data (both quantitative and qualitative) needed to populate these indicators. B Use the indicators and methods in part A to conduct a review and produce a Baseline Report on the current conditions in respect of competition in the UK market for statutory audits. The project is expected to take place between January 2020 and May 2020. +++ This is only a summary. Please refer to the PDF attachment for the full Invitation to Tender and instructions on how to submit a bid +++