Audit Commission names Gareth Davies in crucial MD role
Davies to lead the commission's audit practice, in what could be a vital role in influencing its future in an open local government audit market
Gareth Davies is the new managing director of the audit practice at the
Audit
Commission.
In this crucial role he will lead its audit staff as they prepare to compete
in an open market for local public audit, potentially as an employee-owned
business.
There have been suggestions that the commission could evolve into a
employee-owned or mutual audit organisation to serve the new market.
“We want to ensure that councils, foundation trusts and other local public
services are offered a distinctive alternative to the major audit firms. Our
experience of competing successfully for foundation trust audits since 2005
shows that there is a strong demand for unrivalled specialist sector expertise
at a competitive price,” said Davies.
He starts work straight away on preparing the organisation for this major
transition.
CIPFA-qualified Davies has 23 years’ experience of public audit, has been the
Commission’s MD for Local Government, Housing and Community Safety since 2007.
Prior to this he was a district auditor with a portfolio of audits in
Yorkshire, including large local authorities and NHS bodies. His public audit
career has also included assignments in London and the South East.
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