The former PricewaterhouseCoopers US leader of professional, technical, risk
and quality leader, has also recently championed simplification and the need to
reduce complexities saddling financial reporting systems.
Herz has also led the board into moves to integrate volumes of
non-governmental accounting pronouncements and to stop further announcements
from multiple sources.
He’s also backed moves to develop accounting standards which are more
principles-based, following suit with
international trends. Herz’s new term begins on July 1.
Improvements to cashflow statements are being targeted in a consultation launched by the Financial Reporting Council (FRC)
Dr Richard Willis provides a several thousand-year history lesson of the profession, from origin to modern-day
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Long-serving PwC director Fiona Westwood has moved to Smith & Williamson and stepped up to partner