Hilary Douglas, FD at the Treasury, Alison French, FD at Customs & Excise, Peter Murphy and Stephen Jones, finance chiefs at the Office of National Statistics and the Inland Revenue, respectively, do not have any formal accountancy qualifications.
This surprising revelation was made by financial sectretary to the Treasuy, Ruth Kelly in response to a written question by Richard Bacon, Conservative MP for Norfolk South and a member of the influential Public Accounts Committee.
Despite the lack of qualifications, the Daily Telegraph reported a Treasury spokesman as saying: ‘Finance directors have the resources available to them to do what they should do.’
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned