PracticeAuditAudit Commission names Gareth Davies in crucial MD role

Audit Commission names Gareth Davies in crucial MD role

Davies to lead the commission's audit practice, in what could be a vital role in influencing its future in an open local government audit market

Gareth Davies is the new managing director of the audit practice at the
Audit
Commission
.

In this crucial role he will lead its audit staff as they prepare to compete
in an open market for local public audit, potentially as an employee-owned
business.

There have been suggestions that the commission could evolve into a
employee-owned or mutual audit organisation to serve the new market.

“We want to ensure that councils, foundation trusts and other local public
services are offered a distinctive alternative to the major audit firms. Our
experience of competing successfully for foundation trust audits since 2005
shows that there is a strong demand for unrivalled specialist sector expertise
at a competitive price,” said Davies.

He starts work straight away on preparing the organisation for this major
transition.

CIPFA-qualified Davies has 23 years’ experience of public audit, has been the
Commission’s MD for Local Government, Housing and Community Safety since 2007.

Prior to this he was a district auditor with a portfolio of audits in
Yorkshire, including large local authorities and NHS bodies. His public audit
career has also included assignments in London and the South East.

Further reading:

Firms
eye up Audit Commission work

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