What is the financial reporting council? The Financial Reporting Council (FRC) is an independent regulator in the UK and Ireland, responsible for regulating auditors, accountants and actuaries, and setting the UK's Corporate Governance and Stewardship Codes.How do i contact the frc for enquiries? For enquiries, please contact the Administration Manager of the FRC at (852) 2810 6321. COMPLAINT Possible auditing or reporting irregularities? LODGE A COMPLAINTHow do i complain about the frc? Any person who believes that the FRC has failed to comply with this Access to Information Policy may request the FRC to review the situation or complain to the Ombudsman. For enquiries, please contact the Administration Manager of the FRC at (852) 2810 6321. COMPLAINT Possible auditing or reporting irregularities?What is the financial reporting council summary of frs 102? Summary published by the Financial Reporting Council. Foreign currency translation is covered by Section 30 and Section 12 of FRS 102. This is the full text of the original standard as issued by the Accounting Standards Board in August 1984. It does not include the amendments made in February 1997.