Grant Thornton (GT) has become the first large accounting firm to reveal its
new non-executives brought in following the publication of the first audit
The three non executives include: Richard Eyre, chairman of the Eden Project,
the Internet Advertising Bureau and mobile apps company, Rapid Mobile; Caroline
Goodall, non-executive director and trustee of the Woodland Trust and a
consultant to the law firm Herbert Smith; and Ed Warner chairman of UK Athletics
through to 2013 and of derivatives exchange LMAX.
The UK’s biggest eight audit firms were asked to appoint non-executives in
January following publication of the world’s first Audit Governance Code. The
move was seen as the end of an audit reform process which begun with the
accounting scandal of Enron in 2002.
Grant Thornton CEO, Scott Barnes said the non-executives would bring varied
experience to the firm.
“Grant Thornton may be unique in the accountancy profession in placing
non-executives at the heart of our UK governance body where they can make a real
difference,” he said.
The non-executives will sit and have voting rights on the firm’s governance
body, the Partnership Oversight Board.
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Smaller businesses could be excluded from government plans for making business transactions digital, found new research from ICAEW
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Further powers are being sought by HMRC, but it is ‘failing’ to use those it already has, such as Conduct Notices, says RPC