BusinessBusiness RecoveryIPA president promises softer approach

IPA president promises softer approach

The Insolvency Practitioners Association will from today be led by a former forensic accountant who has promised to embrace the softer side of business practice.

Link: Fraudulent IP’s license removed

Richard Long takes up the presidency of the IPA, following a long career as an expert in drug trafficking enforcement and is one of the few sole practitioners to take on the role. He succeeds Colin Haig of mid-tier firm Baker Tilly.

He steps up from chairman of the IPA’s Investigative Committee, where he was ‘instrumental in improving accountability within the profession’, including the punishment of a partner at collapsed IP, Casson Beckman.

Speaking on taking on the presidency for the one-year term, Long said: ‘Insolvency practitioners have an undeserved reputation as the uncaring “hard-men” of the business world. Though the job often requires ruthless decision-making to rescue doomed businesses, we mustn’t forget the impact of our work on directors, creditors and members of the public when achieving the best result.’

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