Research Services into the use of artificial intelligence and other disruptive technologies in corporate reporting

{
  "buyer": {
    "id": "GB-COH-02486368",
    "name": "THE FINANCIAL REPORTING COUNCIL LIMITED"
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  "date": "2025-05-29T15:18:24+01:00",
  "id": "028529-2025",
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  "language": "en",
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      "id": "GB-COH-02486368",
      "identifier": {
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      "name": "THE FINANCIAL REPORTING COUNCIL LIMITED",
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    "description": "The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK\u0027s Corporate Governance and Stewardship Codes. As the Competent Authority for audit in the UK, we set auditing and ethical standards and monitor and enforce audit quality.\nThe purpose of the FRC is to serve the public interest and support UK economic growth by upholding high standards of corporate governance, corporate reporting, audit and actuarial work.\nCompanies are using artificial intelligence (AI) and other disruptive technologies within their business operations. However, there is currently a limited understanding of, and evidence on, their use of AI and other disruptive technologies in the production of narrative/financial information in corporate reports (\u0027corporate reporting\u0027).\nThe FRC is seeking research services into the use of artificial intelligence and other disruptive technologies in corporate reporting.  This research project will gather evidence about the use of AI and other disruptive technologies in corporate reporting to inform FRC regulatory practice and policy.\nThe research project will answer the following research questions:\n(1). What specific AI and other disruptive technologies are most commonly used in corporate reporting, and how are they being used?\n(2). How is the use of AI and other disruptive technologies in corporate reporting influencing changes to governance and audit processes?\n(3). How do companies believe their stakeholders perceive the reliability and transparency of corporate reports prepared with the use of AI?\nThe research population will be companies that meet the UK Public Interest Entity (PIE) definition, i.e. those with transferable securities listed on a UK-regulated market, credit institutions, and insurance undertakings, and their finance and corporate reporting teams.\nThe FRC does not anticipate tender bids over \u00a370,000 excl. VAT .\nPLEASE SEE THE ATTACHED INVITATION TO TENDER FOR FULL DETAILS (including Suggested approaches).",
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    "id": "FRC2025-066",
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    "legalBasis": {
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        "contractPeriod": {
          "endDate": "2026-01-31T23:59:59Z",
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          "startDate": "2025-07-28T00:00:00+01:00"
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          "description": "Additional research services of the same nature."
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        "value": {
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    "status": "active",
    "submissionMethodDetails": "Please register your interest by emailing the FRC\u0027s procurement team - procurement@frc.org.uk\nThe FRC will share all tender queries and answers with those that have registered.\nYour tender submission must be submitted within the deadline by email  to procurement@frc.org.uk",
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    "tenderPeriod": {
      "endDate": "2025-07-08T12:00:00+01:00"
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    "title": "Research Services into the use of artificial intelligence and other disruptive technologies in corporate reporting",
    "value": {
      "amount": 65000,
      "amountGross": 78000,
      "currency": "GBP"
    }
  }
}