The external audit of the Nursing and Midwifery Council’s financial statements

This is a prior information notice for the forthcoming service contract for the external audit of the NMC’s financial statements, for the year ending 31 March 2022 onwards. The Nursing and Midwifery Council (NMC) is the independent regulator of nurses and midwives in England, Wales, Scotland and Northern Ireland, and nursing associates in England.Our overarching objective is the protection of the public, and we are a registered charity, but our finances are much simpler and more secure than many charities: we have no voluntary income, or charity shops, or branches or subsidiaries. So we have less need for charity expertise from our auditors than other charities might, but charity expertise is still relevant and desirable.Our key operations include the maintenance of our register and our fitness to practise process, and our income is almost entirely made up of our registration fees. Experience of working with other regulatory or membership organisations and understanding of those business processes is desirable.