View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
December 3, 2015

UK FRC will reorganise its internal structure

The UK Financial Reporting Council (FRC) will announce a change in its internal structure creating two major divisions, one for audit and one for corporate reporting and good governance, FRC CEO Stephen Haddrill told The Accountant in a rare interview today.

"We organised the FRC last in 2012, when we knew there was a lot of change coming down the track in terms of setting new codes and new standards. We’ve done that work almost entirely now," Haddrill said.

The FRC has now set new objectives, and the two main divisions are intended to deliver on a new strategy.

The audit division will be run by Melanie McLaren, currently executive director of governance, codes and standards.

Besides these two divisions, Gareth Rees, counsel of the disciplinary board, will report directly to Haddrill on enforcement and discipline matters.

 

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to International Accounting Bulletin