• Register
Return to: Home > News > Regulation > FRC appoints inaugural chairs to advisory bodies

FRC appoints inaugural chairs to advisory bodies

Following the reform of the UK Financial Reporting Council (FRC) in July, the regulator has appointed Olivia Dickson, Nick Land and Roger Marshall as chairs of its three newly established advisory bodies.

Dickson will chair the Actuarial Council, Land will chair the Audit and Assurance Council and Marshall will chair the Accounting Council.

The Actuarial Council aims to promote high quality actuarial practice and the integrity, competence and transparency of the actuarial profession for the benefit of all those who rely on actuarial advice.

The FRC said the first appointees to the Actuarial Council are expected to play an active role in shaping the way in which the council operates and in particular developing how it engages with stakeholders, the FRC Executive and the FRC Board and its Committees.

The Audit and Assurance Council considers and advises the FRC Board and the Codes and Standards Committee on audit and assurance matters, while the Accounting Council provides strategic input and thought leadership, both in the field of accounting and financial reporting and in the work-plan of the FRC as a whole.

FRC chairman Baroness Sarah Hogg said in establishing the bodies the FRC “has made important appointments that will command respect for the quality, range and objectivity of their input”.

“Each Council will make a strong contribution to our input to Europe and international, as well as domestic policy-making. I look forward to working with each Council,” Hogg added.

The regulator also said all the members of each council have “deep expertise in their respective fields” and will provide it with both “technical knowledge and a wide understanding of the key issues it faces”.

 

Related article

UK FRC structural reform receives green light

Top Content

    Choosing the right location can have cast-iron benefits

    As Game of Thrones, one of the biggest television shows of all time, comes to an end, Joe Pickard looks at how tax incentives offered to television and film production companies help the wider economy.

    read more

    Primary financial statements: a game changer in reporting?

    International Accounting Standards Board chair Hans Hoogervorst delivered a speech at the Seminario International sobre NIIF y NIF, organised by the Consejo Mexicano de Normas de Información Financiera in Mexico. The Accountant presents the highlights.

    read more

    FASB readies standards for the netflix generation

    The US Financial Accounting Standards Board (FASB) has updated its accounting standard for entertainment, with a specific eye on keeping up to date with how episodic content, such as television programmes, is consumed in the modern world. Jonathan Minter reports.

    read more

    Brexit: why it takes two to tango

    Former TA editor Vincent Huck, now editor of Insurance Asset Risk, looks at why Brexit might unleash geopolitical intrigue in Europe’s accounting standard-setting scene – and why IFRS 17 will be an incredible source of opportunity for firms in the coming years.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.