PracticeConsultingPwC partner to represent UK profession on global stage

PwC partner to represent UK profession on global stage

PricewaterhouseCoopers partner Graham Ward has been elected as the UK representative of the newly formed board of the International Federation of Accountants.

Ward’s new role was announced at the federation’s conference in Edinburgh. President elect of the English ICA, he said the UK has a leading role to play in shaping international accounting and auditing standards.

IFAC also named Tsuguoki (Aki) Fujinuma of Japan as its president and Rene Ricol of France deputy president.

Fujinuma, formerly deputy president, is a senior audit partner at Showa Ota & Co, a member of Ernst & Young International. He takes over from Frank Harding. Ricol is president of his own firm, Ricol, Lasteyrie and Associates. IFAC said the two would serve a two-year term, beginning this month.

The moves came as members of IFAC approved a major internal restructuring in order to have a more ‘effective, efficient management structure.’

Its council has been disbanded and replaced by a board. Fujinuma, said: ‘The restructuring is aimed at achieving consistency. Firms that want to be members must fulfil obligations to comply with international standards and accept quality control reviews.’

Accountancy bodies from Russia, Macedonia, the Ukraine, Albania, Finland and Kazakstan were also admitted to IFAC, bringing its total membership to more than 150 professional groups.

Accountancy Age Exclusive: New threat to global code
Ward elected as UK representative on IFAC
http://www.ifac.org
http://www.iasc.org.uk

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer