PracticePeople In PracticeCV: John Smith, BBC

CV: John Smith, BBC

Age:

42

Qualification: FCCA

Career

1997-present FD, British Broadcasting Corporation

1996-1997 Deputy FD, BBC

1992-1996 Financial controller, BBC Network TV

1989-1992 Joined BBC corporate finance office

1983-1989 Various positions at British Rail, starting as management trainee

Smith on scrutiny:

If you’re going to take over £2bn of public money each year, coming with it is an expectation that the BBC will be accountable. We produce the annual report; we go to Parliament and offer all MPs a chance to meet us; we then have an AGM with 500 licence payers; then we do the same thing for the MEPs; then the chairman and the director-general go on-line to answer questions. And we have a briefing for City analysts as well. Our feet need to be kept close to the flame, it’s quite right. It is hard work when you’re doing it, but is it any harder as a plc FD having to stand up in front of shareholders? Well, not really.

Simth on populism:
People are drawn to things that otherwise they wouldn’t be drawn to, because they have gone to our schedule to see something else. You go to watch EastEnders and then following it is Walking with Dinosaurs; so you are challenged and amazed.

Smith on accountancy:
Accountancy training, while important, is focused on rules and regulations, whereas the MBA training is focused on growth, marketing, analysis – an accountant does things right, rather than doing the right thing. And accountancy training is woefully inadequate in the area of technology, it’s a disgrace. And now the profession is fighting itself. There is a real problem coming.

Back to interview

Related Articles

Is inefficiency stealing your time and money?

Accounting Firms Is inefficiency stealing your time and money?

4m Emma Smith, Managing Editor
CIMA elects new president

Institutes CIMA elects new president

4m Emma Smith, Managing Editor
Transparent currency trade: How to achieve costs visibility

Governance Transparent currency trade: How to achieve costs visibility

5m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

8m Emma Smith, Managing Editor
MHA MacIntyre Hudson advises on management buy-out

Accounting Firms MHA MacIntyre Hudson advises on management buy-out

8m Emma Smith, Managing Editor
Introduction to KPMG UK’s new leadership team

Accounting Firms Introduction to KPMG UK’s new leadership team

5m Emma Smith, Managing Editor
EY appoints head of UK Infrastructure Asset Intelligence practice

Accounting Firms EY appoints head of UK Infrastructure Asset Intelligence practice

6m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

8m Emma Smith, Managing Editor