Audit Policy Project Associate

Job Title: Audit Policy Project Associate
Contract Type: Permanent
Location: London
Salary: 48800
Reference: APPA
Contact Name: Lisa Newland
Contact Email:
Job Published: February 13, 2020 11:44

Job Description

The Financial Reporting Council (FRC) is responsible for promoting transparency and integrity in business. We are the UK Competent Authority for audit and set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work. We monitor and take action to promote the quality of corporate reporting and operate independent enforcement arrangements for accountants and actuaries. Further information about the role of the FRC can be found at


The audit and assurance team develops technical standards and guidance to support the delivery of high-quality audit. It also develops FRC public policy positions for consideration by the FRC Board, and to support our stakeholder engagement. The role of the team is expanding, as the FRC plays its part in an ambitious programme of audit reform, including supporting the Department for Business (BEIS) in responding to the recommendations made in independent reviews covering the audit product, the audit market and the work of the regulator.


The Role:

The role is a new role, and it is envisaged that it will involve:

  • Supporting the development of the FRC’s audit policy policy thinking and providing support to a growing team in developing audit policy, standards and guidance, and reporting on developments in audit, in a way that will deliver high quality audit in the public interest;
  • Taking forward audit related projects, intended to support innovation and development in the audit market;
  • Monitoring developments in international audit; and
  • Undertaking analysis and research to support the development of public policy positions for consideration by the FRC leadership, and for communication with wider stakeholders.

The Person:

A CCAB qualification and experience of audit and/ or assurance work, or the development of technical guidance in a professional services, public sector or other public interest environment.

The ideal candidates will have knowledge and expertise in some or all of the following areas:

  • A good understanding of audit and assurance, including of technical standards and guidance.
  • Understanding of enablers of quality in audit/ professional services.
  • Ability to assimilate complex information and identify themes and to learn quickly about new topics and develop expertise.
  • Excellent written and oral communication skills.
  • Strong analytical  and data gathering skills – able to develop evidence to support policy making
  • Determination and self-motivation to pursue matters and make robust decisions.
  • Strong project and time management skills
  • Excellent IT skills (particularly Excel and Word)


The role is based in our Central London Office. The post holder should be able to work flexibly to support the developing needs of a changing role that will include policy development, research and ultimately policy implementation.

Rewards and benefits

  • The FRC offers competitive remuneration packages, including 30 days annual leave plus ability to buy extra leave
  • The FRC has a strong work/ life balance ethos.

The FRC believes that equality of opportunity and diversity is important in the work that we do and we are strongly committed to being an inclusive employer. Our values of being fair and independent supports this commitment. We're a signatory to the Government's Disability Confident scheme, which means that we guarantee an interview to any disabled candidates entering under the scheme, should they meet the minimum criteria for a role.


Equal opportunities monitoring is an important means of demonstrating and implementing our commitment to promoting equality of opportunity and diversity. Completing our diversity form will assist the FRC to identify any barriers that prevent access to employment and career development for certain groups of people, and to develop solutions, such as action plans, new policies and practices. The form is completed on a voluntary basis and we strongly encourage all job applicants to complete it.


Complete the Diversity Form here

Please apply by emailing a copy of your CV and covering letter to the FRC Recruitment team at In the covering letter, please.set out, by reference to the person specification above, how you meet the required skillset

  • confirm that you have the right to work in the UK
  • confirm your current package and benefits, and
  • tell us where you heard about this job

Please note that we can only accept applicants who have the right to work in the UK.