Link: Political row at ICAEW
McAdoo beat off competition from an external selection process to take the role, which he described as that of ‘championing’ the institute.
Prominent in his in-tray will be how best to present plans to members to adopt the compulsory inspection regime, practice assurance. Voting papers go out at the end of this month but the two-thirds majority needed to pass the measure remains far from certain.
McAdoo said: ‘I am very pleased to have been appointed and am excited by the prospect of championing the largest professional accountancy body in Europe.’
He replaces Brian Bannister, who left the institute last month to become director of public affairs at PricewaterhouseCoopers.
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
Six new partners have been revealed by top ten firm Mazars
Investment in people, tech and businesses impacts on EY's profit per partner figure