FRC announces new committee appointments
Keith Barton and Allister Wilson have now stepped down from the C&S Committee, the Actuarial Council and the Audit and Assurance Council
Keith Barton and Allister Wilson have now stepped down from the C&S Committee, the Actuarial Council and the Audit and Assurance Council
THE FRC is injecting some new blood into its Codes and Standards Committee (C&S) and changes to the membership of its advisory Councils.
Sue Harris, an independent NED and chair of the audit committee of AIM-listed biotech firm, Abcam and Bank of Ireland UK, joins Ashok Gupta, who chairs AA Insurance Services and eValue Investment Solutions – on the FRC’s C&S committee.
Harris is also a member of FRC’s Audit & Assurance Council, while Gupta serves on the Actuarial Council.
Meanwhile, Keith Barton and Allister Wilson have now stepped down from the C&S Committee, the Actuarial Council and the Audit & Assurance Council.
Other new appointees include PwC partner, Dominic Veney and Martin Burke who joined the FRC’s Actuarial Council. Stephen Oxley, a senior partner at KPMG, joins the Audit & Assurance Council as does Bryan Foss, an independent director with Motive Television.
Commenting on the appointments, Nick Land, Chair of the FRC’s Codes & Standards Committee, said: “Sue Harris brings with her a wealth of experience on the boards of large and mid-sized companies, as well as experience as an audit committee chair. Her long career in the financial services and retail sectors will bring clear benefit to the committee.
“Ashok Gupta brings an in-depth knowledge and experience of financial services, in particular, the insurance and pensions sectors where he concentrated his work. We also look forward to benefitting from the insight and advice of Dominic Veney and Martin Burke on the Actuarial Council and Stephen Oxley and Bryan Foss on the Audit and Assurance Council.”
The numbers you crunch tell a story. Your expertis...
11yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleAs EY rolls out an enterprise-scale multi-agent AI framework across 160,000 global engagements, the era of manual audit sampling is under threat. We a...
View articleThe Financial Reporting Council is pivoting from its post-Carillion "enforcement era" toward a risk-based, proportionate supervisory model. As the reg...
View articleA rare alliance of the Big Four and mid-tier firms is pushing the FRC to abandon its controversial ‘name and shame’ policy. As the regulator weighs it...
View articleThe Financial Reporting Council has unveiled a new scalebox initiative to mentor smaller audit firms and improve competition with the Big Four. Read M...
View articleDeloitte is set to onboard almost 1,500 graduates, apprentices and industrial placement students across 17 UK offices, with a further 98 joining in De...
View articleThe latest Adviser Rankings Ltd figures for AIM auditors reveal a quarter of mixed fortunes for firms across the rankings. While PKF Littlejohn contin...
View articleThe Financial Reporting Council (FRC) has launched a formal investigation into Deloitte’s audits of Glencore plc and its UK subsidiary, Glencore Energ...
View articleThe Financial Reporting Council has sharply criticised BDO’s audit quality, calling its work “significantly short of expectations” and placing the fir...
View article