Company Accounts: Standards

Department for Business, Energy and Industrial Strategy written question – answered on 22nd November 2018.

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Photo of Baroness Bowles of Berkhamsted Baroness Bowles of Berkhamsted Liberal Democrat

To ask Her Majesty's Government, further to the Written Answer by Lord Henley on 24 October (HL10986), who are the current members of the BEIS External Stakeholder Group dealing with accounting law relating to International Accounting Standards; who each member (1) currently works for, (2) represents as stakeholder, and (3) was nominated for appointment to the group by; and whether any members (a) are currently, and (b) have been members of PwC’s Corporate Reporting Users Forum.

Photo of Baroness Bowles of Berkhamsted Baroness Bowles of Berkhamsted Liberal Democrat

To ask Her Majesty's Government, further to the Written Answer by Lord Henley on 24 October (HL10986), who has been a member of the BEIS External Stakeholder Group dealing with accounting law relating to International Accounting Standards; who each member (1) worked for at the time they were members of the group, (2) represented as stakeholder, and (3) was nominated for appointment to the group by; and whether any members were also members of PwC’s Corporate Reporting Users Forum.

Photo of Lord Henley Lord Henley Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The Department for Business, Energy and Industrial Strategy (BEIS) External Stakeholder Group brought together the expertise and experience of those with an interest in the quality of accounts prepared by UK companies. Its membership was intended to be diverse to ensure a balance of views of those working as preparers of accounts, company advisers, industry representatives and users of accounts. Membership of the Group was in a personal capacity, acknowledging the individuals’ expertise in this area.

The group met 6 times during the course of 2018 and is not expected to meet again.

The members of the group were:

Name

Organisation

Chris Buckley

GlaxoSmithKline

Andrew Carpenter

Association of British Insurers

Jonathan Compton

BDO

Tony Clifford

EY

Jake Green

Grant Thornton UK

Peter Hogarth

PriceWaterhouseCoopers

Andrew Jolly

Slaughter and May

Richard Martin

Association of Chartered Certified Accountants

Liz Murrall

Investment Association

Veronica Poole

Deloitte

David Pudge

Clifford Chance

Danielle Stewart OBE

RSM UK

Nigel Sleigh-Johnson

Institute of Chartered Accountants in England and Wales

Pamela Taylor

KPMG

David Wood

Institute of Chartered Accountants of Scotland

Jed Wrigley

Investment Association

Andy Young

Liverpool Victoria

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