Paul Boyle to step down as FRC chief
Boyle to step down as FRC chief when successor appointed
Boyle to step down as FRC chief when successor appointed
Paul Boyle is stepping down as CEO of accountancy watchdog the Financial
Reporting Council.
Boyle joined as CEO for the then newly revamped body of the accounting and
financial reporting regulators in spring 2004. He will remain until a successor
is appointed.
FRC chairman Sir Christopher Hogg said Boyle had established the body UK and
international credibility.
‘I am sorry that he will be leaving but I have long been aware that it was
likely that he would want to move on after a five year tenure and that remains
the position,’ said Sir Christopher.
‘It has been a privilege to have been CEO of the FRC. The scope of the FRC’s
responsibilities is unusually wide amongst its international peers but I believe
that we have been able to demonstrate the merits of bringing together the
regulatory responsibilities for corporate governance, accounting, auditing and
actuarial practice,’ said Boyle.
‘The FRC is now well-established with a clear strategy and strong team and I
expect that it will continue to play a leading role in promoting confidence in
corporate reporting and governance in the UK.’
Further reading:
Accountancy Age
TV’s interview with Boyle last year
More about:
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn 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 resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceThe accountancy industry has been hit by several exam cheating cases over the last few years Read More...
View articleSir Donald Brydon’s report into the quality and effectiveness of audit was published at the end of 2019, and in it, Brydon tackles the issues of the a...
View articleThe FRC has issued revised ethical and auditing standards in an effort to strengthen auditor independence and ban conflicts of interest. Read More...
View article75% of FTSE 350 audits assessed as good or requiring limited improvements, failing to meet the FRC's 90% target Read More...
View articleComments and push-back from accountants led to the change in FRS102 which gives an exemption on director’s loans, according to Steve Collings. Read Mo...
View articleRichard Murphy, chartered accountant and founder and director of Tax Research UK, says the Kingman report into the FRC failed to address much-needed r...
View articleThe recent £4m fine issued to Grant Thornton is a wake-up call to aspiring independent non-executive board members, who must be demonstrably independe...
View articleBetween the years 2012-2016, membership of UK & Ireland accounting bodies grew by 3.2% worldwide and 2.4% in the UK & Ireland, according to th...
View article