Profile: David McDonnell, National Museums & Galleries on Merseyside
As money making becomes ever more important to galleries and museums, it was timely that Liverpool-born accountant David McDonnell has been chosen as chairman of the trustees, to take the National Museums & Galleries on Merseyside (NMGM) into the new millennium. Having played two gigs as the drummer with the Quarrymen, who later became the Beatles, McDonnell became involved in accountancy by accident. ‘I didn’t go to university and wanted to go to sea, but my father, who was from the financial world, thwarted me,’ he said. After qualifying in 1964, he worked in Liverpool for Grant Thornton, until his appointment as national managing partner of the international accountancy firm in 1989 brought him to London.
Awarded national status 11 years ago for the quality of its collections, the NMGM has been under enormous financial pressure. A priority for McDonnell is to guarantee the preservation of the collection and to maximise public access. Amid controversy over the death of the free museum, an application for Heritage Lottery Fund support for 2001 was made to increase display capacity for the collections.
‘I’m optimistic about our bid. We should find out if we have funding in the next couple of months.’ He sees the successful introduction of an admission charge as ‘a damn good idea’. ‘I live in the real world where the fundamentals of life are not free so it is difficult to sustain the argument for not charging.’
The numbers you crunch tell a story. Your expertis...
26yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleGlobal spend on accountancy outsourcing up by 40% in the space of five years. News comes as accountancy outsourcing specialist AdvanceTrack reports en...
View articleFollowing a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...
View articleUK-based Dow Schofield Watts (DSW), a mid-market professional services network, announced the creation of a new division called DSW Principal Partners...
View articleEY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...
View articleTransitioning from an accounting firm to a consultancy model is only one part of the puzzle. The next, equally vital piece is making the market aware ...
View articleThis framework, while providing a top-line view, underscores the importance of strategic vision, operational excellence, and the spirit of continuous ...
View articleLooking ahead, the Big 4 firms face a challenging year, with ongoing cost-of-living concerns, slow economic growth, rising geopolitical tensions, and ...
View articleLast month it was reported that Deloitte would be cutting approximately 1,200 jobs in the United States, making it the latest of the Big Four accounti...
View article