Foundation seeks lay members

Foundation seeks lay members

The Accountancy Foundation has begun advertising in national newspapers for qualified accountants to become lay members of the three operational bodies of the new regulatory accounting system.

The three bodies in question are the reshaped Auditing Practices Board, the new Ethics Standards Board and the new Investigation and Discipline Board.

In order to qualify as possible lay members, candidates must have a recognised accounting qualification and not be practising accountants or involved with the governance of an accounting body.

The Accountancy Foundation is hoping to begin considering possible candidates as soon as possible in the New Year.

The members of the Review Board, the body responsible for monitoring all aspects of the new accounting system and ensuring it operates in the public’s best interest, has already been appointed. Former NHS finance chief, Colin Reeves, was recently appointed chairman of the Review Board.

Links

Colin Reeves appointed to Foundation

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In 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 resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In 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 resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The 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 resource