An ACCA spokesman told Accountancy Age the institute had narrowed down candidates to ‘one or two possibilities’ for appointment and hoped to be able to announce a successor ‘before summer’.
The institute has been looking for a successor for Rose since early 2001 with the help of recruitment agency Whitehead Mann. In November of that year, ACCA was forced to prolong its search when an announced successor, Andrew Hind of the BBC’s World Service, unexpectedly withdrew.
Recruitment ads for the CEO’s post have been short on salary detail, saying only that an ‘exceptional rewards package’ would be made available for the right candidate. However, the original ads pegged the pay level at £150,000.
The ICAEW last week appointed Eric Anstee as chief executive after a recruitment process of just five months. The ICAEW also used Whitehead Mann to fill its top post prompting conflict of interest concerns at ACCA.
Simon Wright of CareersinAudit.com discusses how an effective cyber defence force is critical to businesses worldwide and how internal auditors can make the transition to a new career in cyber security
The FRC has said that the investigation will 'consider, but not be restricted to, issues regarding misstated accounting balances'
Craig Maxwell joins the audit and assurance team in Scotland
Stephen Grayson to join the audit department in Manchester