On 29 September the Financial Reporting Council (FRC), as part of its ongoing work to enhance confidence in audit, has published a consultation on revisions to Ethical and Auditing Standards, the UK Corporate Governance Code and related Guidance on Audit Committees. The FRC is now consulting on proposals in connection with those elements which it considers should be introduced at the same time as the new EU Regulation and Directive on statutory audit (ARD) is implemented into the UK.