Mid-tiers share MPG seat

Mid-tiers share MPG seat

BDO Stoy Hayward and Grant Thornton want to propose to share a seat at the FRC's new talking shop

Two mid-tier audit firms have submitted a joint application for a seat on the
Financial Reporting Council’s Market Participants Group.

Grant Thornton and BDO Stoy Hayward proposed that the two share a seat on the
MPG, a new forum set to prioritise suggestions made during the FRC’s recent
consultation on choice in the audit market.

Both firms are part of international organisations, BDO International and
Grant Thornton International, which have strongly supported the aims of
increasing global audit and financial reporting quality.

The proposal, if accepted, will see Michael Cleary, managing partner of Grant
Thornton share the seat with his BDO Stoy Hayward counterpart, Jeremy Newman.

Between the two, they will agree on an ongoing basis who will attend each
meeting.
Grant Thornton is the leading firm auditing AIM-listed companies.

BDO Stoy Hayward has the largest number of FTSE 250 audit clients outside the
Big Four.

Related Articles

Lease accounting standards: are multinationals sitting on a ‘leaseberg’ of huge proportions?

Accounting Standards Lease accounting standards: are multinationals sitting on a ‘leaseberg’ of huge proportions?

2m Ross Chapman, Aptitude Software
Demystifying GDPR for accountants

Accounting Standards Demystifying GDPR for accountants

7m Ellen Temperton, Lewis Silkin
EY fined £1.8m over Tech Data audit

Accounting Standards EY fined £1.8m over Tech Data audit

9m Emma Smith, Managing Editor
The great professional services shake-up

Accounting Standards The great professional services shake-up

10m Fergus Payne, Lewis Silkin
What do clients actually want from an accountant?

Accounting Standards What do clients actually want from an accountant?

11m Emma Smith, Managing Editor
Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

Accounting Standards Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

11m Alison Conley
Membership of the accountancy profession on the rise

Accounting Standards Membership of the accountancy profession on the rise

1y Alia Shoaib, Reporter
The real price of mates' rates in the provision of professional services

Accounting Standards The real price of mates' rates in the provision of professional services

1y DAC Beachcroft