THE FINANCIAL REGULATOR has recruited Joanna Osborne as deputy chair to its review panel.
Osborne (pictured) will join the Financial Reporting Council’s review panel (FRRP) on 1 June.
She is a retired KPMG partner and has particular expertise in global financial reporting, audit and business issues. At KPMG she was a member of the international financial reporting group from 2001 -2003.
FRC chairman Baroness Hogg said: “Joanna’s understanding of how global business works will be of great value in supporting the FRRP’s aim of improving the quality of company reports and accounts. Her international experience and deep technical knowledge will help to ensure the FRRP’s interventions are proportionate and that the interests of users of accounts are fully protected.”
The FRRP is chaired by Bill Knight with Osborne co-chairing alongside David Lindsell. She succeeds Ian Wright who left the panel at the end of March. There are a further 26 members.
It looks at the annual accounts of public and large private organisations to ensure they comply with the Companies Act 2006, including applicable accounting standards.
Does Darwin's theory apply to taxation? Colin ponders...
Improvements to cashflow statements are being targeted in a consultation launched by the Financial Reporting Council (FRC)
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season