She replaces Sir David Tweedie, who will step down on 31 December after 10 years to take up his new post as board chairman of the International Accounting Standards Committee.
Keegan has been a vocal advocate of the international harmonisation of accounting standards, and is head of PwC’s global corporate reporting group, a member of the ASB’s Urgent Issues Task Force and has been vice-president of the Federation of European Accountants for the last two years. Commenting on her new role, she said: ‘It’ll be a huge change after 26 years in the firm. But I’m looking forward to building international consensus.’
Announcing the appointment, Sir Sydney Lipworth QC, chairman of the Financial Reporting Council, said: ‘Far-reaching changes are taking place in the environment in which the ASB operates, providing the opportunity for it to make a vital contribution to the new international standard-setting regime. I am confident under Keegan’s leadership the ASB will build securely on solid foundations.’
Kieran Poynter, senior partner of UK PwC, said: ‘We are very sad to see her go but proud of her achievements and confident she will do an excellent job.’
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel