The IAG will provide a regular forum for the FRC to engage with representatives from across the investment chain on various issues, including its strategy and plan and new policies and standards, on governance, stewardship, reporting and audit matters. The IAG will contribute to the FRC’s work by:

• Sharing perspectives on key opportunities and potential areas of focus for the FRC.
• Sharing perspectives on key areas of concern and emerging risks relating to accounting, reporting, auditing and governance issues.
• Providing input from the investment community on:
  • Auditing, accounting and narrative reporting policy development, including proposed developments to international codes, standards and regulations as appropriate.
  • The UK Corporate Governance Code.
  • The UK Stewardship Code.
  • The FRC strategy and plan.
• Considering and responding to requests for input and advice from the FRC relating to thematic reviews and other ad-hoc projects.

The IAG will meet four times per year and the split of membership will represent a range of investment community participants.

Nominations are requested by 18 May 2018.

A press release and further information are available in the FRC website.  A video is available on the FRC website here.