PracticeAuditFRC announces director of auditing

FRC announces director of auditing

Paul George takes on new responsibilities while maintaining POB role

The regulator’s director of the Professional Oversight Board has been
appointed to the role of director of auditing at the FRC.

Paul George is to take overall responsibility of the Financial Reporting
Council’s goals of ensuring that users of audit reports can rely on audit
opinions as well as determining whether financial statements offer a true and
fair view of accounts.

George’s new role is to facilitate the coordination of work by the Auditing
Practices Board, the Audit Inspection Unit and the Professional Oversight Board,
while also maintaining effective staff support for these activities.

His mandate also includes participation in international discussions
pertaining to accounting regulation, on behalf of the FRC.

He will continue his POB role as director and he will maintain his work
relating to the FRC’s strategic outcome for the professionalism of accountants
and actuaries.

FRC chief executive, Paul Boyle said George’s experience of the practice and
regulation of auditing ‘will be an invaluable asset in the achievement of the
FRC’s strategic outcome relating to auditing’

In a statement George said he was delighted with his new responsibilities and
looked forward to his ongoing work for the FRC.

Further reading:

Small firms: to merge or not to merge

Watchdog denies blocking transparency

Companies bill drags audit oversight out
of the shadows

Related Articles

PwC replaces EY as Domino's auditor

Audit PwC replaces EY as Domino's auditor

4d Alia Shoaib, Reporter
The ‘uncomfortable truth’ behind FRC’s Big Four fines recommendations

Audit The ‘uncomfortable truth’ behind FRC’s Big Four fines recommendations

1w Carl Johnson, Stephensons
BDO holds off Big Four to retain top position as AIM auditor

Audit BDO holds off Big Four to retain top position as AIM auditor

2w Alia Shoaib, Reporter
FRC urged to fine Big Four firms penalties over £10m

Audit FRC urged to fine Big Four firms penalties over £10m

3w Alia Shoaib, Reporter
EY to audit Standard Chartered bank

Audit EY to audit Standard Chartered bank

1m Alia Shoaib, Reporter
KPMG replaces PwC as Croda auditor

Accounting Firms KPMG replaces PwC as Croda auditor

2m Emma Smith, Managing Editor
EY fined £1.8m over Tech Data audit

Accounting Standards EY fined £1.8m over Tech Data audit

2m Emma Smith, Managing Editor
Top 50+50: Firms post significant growth in new tax and audit rankings

Audit Top 50+50: Firms post significant growth in new tax and audit rankings

2m Emma Smith, Managing Editor