Companies Act 2006: Primary legislation governing company audits in England and Wales, particularly sections 475-497 which detail statutory audit requirements and auditor appointments
Financial Services and Markets Act 2000: Regulatory framework for financial services in the UK, including provisions affecting statutory audits of regulated entities
Audit Regulations 2017: Specific regulations governing the conduct of statutory audits in the UK, including auditor independence and reporting requirements
Data Protection Act 2018: UK implementation of GDPR, governing how personal data must be handled during the audit process
International Standards on Auditing (UK): Professional standards that govern how audits must be conducted in the UK, issued by the FRC
FRC Ethical Standard 2019: Ethical requirements for statutory auditors, including independence requirements and professional conduct
FRC Revised Ethical Standard 2024: Updated ethical requirements for statutory auditors, incorporating recent regulatory changes and enhanced independence requirements
Money Laundering Regulations 2017: Regulations requiring auditors to implement anti-money laundering controls and report suspicious activities
Limitation Act 1980: Statute governing time limits for bringing legal claims, relevant for professional liability clauses in engagement letters
Unfair Contract Terms Act 1977: Legislation governing the fairness and enforceability of contract terms, including limitation of liability clauses
