The appointments of Wyman and Sir John Egan, former president of the Confederation of British Industry, as deputy chairmen, were made by Melanie Johnson, trade minister.
Wyman replaces former ICAEW president Michael Groom, while Sir Iain Vallance, ex-chairman of BT, steps down for Egan.
Wyman will serve a one-year term from July 2002 until 30 June 2003, while Egan’s appointment will run for two years from July 2002 to 30 June 2004.
The Financial Reporting Council with its subsidiaries, the Accounting Standards Board and the Financial Reporting Review Panel is tasked with promoting and securing good financial reporting.
The ASB makes, amends and withdraws accounting standards, while the FRRP examines apparent departures from the accounting requirements of the Companies Act 1985, including applicable accounting standards, and if necessary seeks an order from the court to remedy them.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements