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Welcome to our confidential Survey


Through this Survey we are seeking to generate insights into the general audit market to help inform the FRC’s future work.  It is a confidential survey and so the FRC will not know the identity of you or your firm.  

This Survey, together with interviews, will support the FRC in its objective to create a more resilient audit market through greater competition and choice. 

For those firms already interviewed please still complete the survey as it will give us additional information in a more structured format.

The project is being carried out by Touchstone Renard and Frontier Economics. Touchstone Renard is carrying out fieldwork with a large number of firms during the latter part of 2022 and into the spring/summer of 2023, including some in-depth follow-ups.  The FRC plans to issue a publicly available report later this year when the research has been completed.

For any queries, please contact Phil Austin at Touchstone Renard: paustin@TouchstoneRenard.com

Thank you for participating in our Survey. 

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* 1. To help with our analysis, please provide some base details about your firm, thank you. 
What is your annual audit revenue for 2022?  Please select from list below:

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* 2. Thinking about the majority of your clients, from your base office, are most of them national, regional or local?  Please select from list below:

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* 3. In the next 3 years what do you expect for your firm's audit revenue?  Please select from below:

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* 4. If you selected 'Grow' in previous question, by what total % do you expect your audit revenue to grow over the next 3 years?

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* 5. Are you considering consolidation with other firms?

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* 6. If you foresee your firm exiting the audit market please indicate why by selecting all that apply from the list below:

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* 7. Which audit clients are you targeting?  Please select all that apply from the list below:

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* 8. Has the size (in revenue terms) of the audit market you compete in increased, decreased or remained the same in recent years?   Please select from below:

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* 9. What, if any, are the factors that limit your firm's ability to remain or expand in the audit market?  Please select all that apply:

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* 10. Do you have any further comments to make on the general audit market?   If so please state below:

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* 11. Please provide us with your contact details so that we know that you have responded, thank you.  This contact information is confidential to Touchstone Renard and we will not share it with the FRC:

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* 12. May we contact you, where necessary, to discuss key points made in your response?  Answering 'Yes' does not commit you to taking part.

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