NICK LAND and Roger Marshall will head up the accounting watchdog’s councils.
The experienced senior practice heads will chair the Audit & Assurance Council and Accounting Council, respectively. The councils form the accounting and assurance governance divisions of the Financial Reporting Council.
Land served as Ernst & Young chairman for 11 years, in a 36-year career at the firm. Marshall (pictured), formerly an audit partner at PwC, led work on major clients including Zurich Financial Services and Lloyds TSB. He has served for several years as a member of the Accounting standards board. He is also a non-executive at Old Mutual.
The Audit and Assurance Council comprises Land, Russell Frith, Sue Harris, John Hughes, Ray King, Scott Knight, Paul Lee, Robert Talbut and Allister Wilson.
The Accounting Council comprises of Marshall, Nick Anderson, Richard Barker, Edward Beale, Peter Elwin, Ken Lever, Robert Overend, Andy Simmonds and Pauline Wallace.
Government proposes new set of material matters for audits of charities in order to align different UK jurisdictions
KPMG raised concerns over Retail Acquisition's ability to continue to trade and fund both BHS
Law Society claims that the public interest cannot prove to have been served by the ICAEW's move into probate - and as such should not be used by the institute as evidence to back its push into further legal services
Accountancy Age takes a look FRC's assessment of the audit quality provided by the top six audit firms