The Financial Reporting Council (FRC) has released its 23rd Key Facts and Trends (KFAT) report, which provides an analysis of the UK accountancy and audit sector. The document includes contributions from 31 firms that audit Public Interest Entities (PIEs) and spans a range of firm sizes, highlighting demographic trends and market dynamics. It outlines a pattern of growth within the accountancy profession, with an increase in the number of members in the UK and internationally, despite a slight dip in stu ...