PracticePeople In PracticeNewman confirmed as Audit Commission chairman

Newman confirmed as Audit Commission chairman

Eric Pickles confirms Newman as the man to wind down the Audit Commission

Newman confirmed as Audit Commission chairman

FORMER BDO CHIEF Jeremy Newman has been confirmed as chairman of the Audit Commission.

Newman was named in the role, in which he will help wind down the organisation, by local government secretary Eric Pickles.

Newman, who led both BDO and its international network, was appointed following a pre-appointment hearing in front of the Local Government Select Committee.

Closing down the central local government audit hub and privatising the work is predicted to save more than £100m a year over the next five years. Local councils will be able to pick their own auditors.

“Jeremy brings significant knowledge of audit and a proven track record of delivery, which will be essential as he oversees the commission’s closure and the smooth transfer to the new local audit regime,” said Pickles.

The select committee said it was “impressed with the breadth of his experience within the financial audit sector and his enthusiasm for helping to deliver a new framework for local government audit”.

He will be paid £30,000 a year and serve for six days a month.

Newman has also taken part in this year’s judging process for the British Accountancy Awards, which announced its shortlist last week.

Related Articles

BDO strengthens Bristol team with new audit partner

Accounting Firms BDO strengthens Bristol team with new audit partner

2w Austin Clark, Reporter
BDO appoints two new partners in tax and corporate finance

People In Practice BDO appoints two new partners in tax and corporate finance

4w Emma Smith, Managing Editor
New global head of real estate at BDO

Accounting Firms New global head of real estate at BDO

1y Richard Crump, Writer
Eagland: 'Audit reform is opportunity for BDO'

Accounting Firms Eagland: 'Audit reform is opportunity for BDO'

1y Calum Fuller, Reporter
BDO confirms Eagland as managing partner

Accounting Firms BDO confirms Eagland as managing partner

1y Calum Fuller, Reporter
Take part in our 'Seven days in Accountancy' quiz

Company News Take part in our 'Seven days in Accountancy' quiz

1y Fraser Simpson, Reporter
BDO promotes nine new partners

Accounting Firms BDO promotes nine new partners

1y Richard Crump, Writer
BDO confirms new lead partner in north west

Accounting Firms BDO confirms new lead partner in north west

1y Calum Fuller, Reporter