Contract award · 7 Apr 2025

Research into the challenges faced by SMEs in relation to audit and corporate reporting

The Financial Reporting Council Limited awarded “Research into the challenges faced by SMEs in relation to audit and…” to IFF Research Ltd for £93,928.

Research & developmentLondon

Value £93,928
WinnerIFF Research Ltd SME

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
The Financial Reporting Council Limited · Body governed by public law
Supplier
IFF Research Ltd SME
Value
£93,927.75
Procedure
Call-off from a dynamic purchasing system
Sector
Research & development · Research and development services and related consultancy services (CPV 73000000)
Region
London
Timeline
  1. Contract date7 Apr 2025
  2. Published10 Apr 2025Published 3 days after the contract date

Description

THIS IS A CONTRACT AWARD NOTICE The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. As the Competent Authority for audit in the UK, we set auditing and ethical standards and monitor and enforce audit quality. The purpose of the FRC is to serve the public interest and support UK economic growth by upholding high standards of corporate governance, corporate reporting, audit and actuarial work. We seek to promote transparency and integrity in business; our work is aimed at investors and others who rely on company accounts, audit, and high-quality risk management. The FRC were seeking Research Services into the challenges faced by SMEs in relation to audit and corporate reporting. This research project aims to allow the FRC to build a greater understanding of the challenges affecting SMEs and the decisions they make about financial audits. Additional information: THIS IS A CONTRACT AWARD NOTICE T…

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