PracticeAccounting FirmsNew audit head for Baker Tilly

New audit head for Baker Tilly

Jonathan Ericson takes over from Jane Bleach as head of audit at Baker Tilly

BAKER TILLY has appointed Jonathan Ericson as its new audit chief, six months after it was rapped by the profession’s watchdog.

Taking over from Jane Bleach, who takes up a new quality, diversity and partner development role, Ericson will oversee the firm’s national audit strategy and continue as an active audit partner.

Ericson, an accomplished musician and concert organist will service a broad portfolio that includes listed companies, large owner-managed businesses and international groups as well as further education sector clients.

He joined the firm in 1996 and has held the roles of regional audit managing partner and been a member of its audit management team since 2011. He attained partner status in 2000.

In April this year, Baker Tilly was told to review its audit methodology in light of continuing deficiencies in the quality of its audit work discovered as part of an inspection by the profession’s watchdog.

The Top ten firm was criticised by the FRC for its reluctance to accept recommendations made by the regulator, which found half of the audits it inspected required significant improvements and that progress in improving the quality of its work has been slower than expected.

The FRC found that of the six Baker Tilly audits it reviewed as part of its Audit Quality Inspection Report, three audits required significant improvements; one required some improvement, while two were performed to a good standard.

In response to the findings, Baker Tilly said at the time that it was “committed to achieving the highest standards of audit quality and we continue to take whatever actions are necessary to do this. We welcome the Audit Quality Review Team’s report and we are already addressing all of the findings that will lead to an improvement in audit quality.”

Ericson said of his appointment: ‘Over the past three years, our audit management team has focused on building and driving an ethos of quality, client service and people development.

‘Our merger with RSM Tenon has not only increased our client base but has provided us with an enlarged audit team with new skills and sector expertise. Both firms shared a common goal to deliver quality audits through efficient working practice and continual improvement.

‘As I take the lead in our audit business I am confident that the focus on development and quality along with our values, structure and processes will ensure we are best placed to meet the challenges ahead and seize opportunities as we have done this past year.’

Related Articles

Specialist VAT service provider joins MHA

Accounting Firms Specialist VAT service provider joins MHA

2m Austin Clark, Reporter
Global business head appointed at MHA MacIntyre Hudson

Accounting Firms Global business head appointed at MHA MacIntyre Hudson

1y Stephanie Wix, Writer
RSM recruits Ireland’s Baker Tilly Ryan Glennon into its fold

Accounting Firms RSM recruits Ireland’s Baker Tilly Ryan Glennon into its fold

2y Chris Warmoll, Writer
RSM promotes a record 19 new partners

Accounting Firms RSM promotes a record 19 new partners

2y Richard Crump, Writer
RSM predicts 16% jump in Debt Relief Orders

Accounting Firms RSM predicts 16% jump in Debt Relief Orders

2y Chris Warmoll, Writer
Baker Tilly Hong Kong quits Asian Citrus audit after failure to agree fee

Accounting Firms Baker Tilly Hong Kong quits Asian Citrus audit after failure to agree fee

2y Calum Fuller, Reporter
Accountancy Age: 2015's most popular stories

Accounting Firms Accountancy Age: 2015's most popular stories

2y Kevin Reed, Writer
Friday Afternoon Live: Merger frenzy and RSM's numbers

Accounting Firms Friday Afternoon Live: Merger frenzy and RSM's numbers

2y Accountancy Age, Reporters