Terms of Reference

Introduction

The governance structure of PricewaterhouseCoopers LLP (PwC UK) comprises three main elements:

• a Management Board that has ultimate responsibility for the policies, strategy, direction and management of the UK firm. The Management Board is supported in the discharge of its responsibilities by the Executive Committee, a committee of the Management Board which has delegated authority from the Management Board in relation to the execution of the policies, strategy and management of the Firm and has the day-to-day executive and operational oversight role. See the Management Board’s terms of reference and the Executive Committee’s terms of reference;
• a Supervisory Board which considers, reviews and gives guidance to the Management Board on matters which the Supervisory Board considers to be of concern to the partners and having regard to the interests and wellbeing of the wider partnership as a whole and the UK firm. See the Supervisory Board's terms of reference;
• a Public Interest Body constituted to discharge PwC UK’s duties under the Audit Firm Governance Code. See the Public Interest Body’s terms of reference.

See details of the members of the Public Interest Body.