Enforcement Committee Panel Members

Location
London (Central), London (Greater) (GB)
Salary
Appropriate remuneration when appointed to an Enforcement Committee plus reasonable expenses.
Posted
03 Dec 2018
Closes
16 Dec 2018
Ref
GL026
Position/Level
Board
Responsibilities
Accounting, Finance, Legal
Contract Type
Voluntary / Trustee
Language
English

The Financial Reporting Council (FRC) is the UK’s independent regulator responsible for promoting transparency and integrity in business. As the Competent Authority for audit in the UK, the FRC sets auditing and ethical standards and monitors and enforces audit quality.

The FRC’s audit enforcement procedures are administrative led procedures, with Enforcement Committees appointed from the FRC’s Enforcement Committee Panel to decide whether enforcement action should be taken against statutory auditors and/or audit firms. Where an auditor or audit firm does not agree with the findings of an Enforcement Committee, the matter proceeds to a Tribunal stage.

The FRC seeks to appoint individuals with significant experience as former senior auditors to its Enforcement Committee Panel.

All candidates should have:

  • Strong intellectual qualities and sound judgement, with the ability to thoroughly grasp and analyse complex technical information;
  • A deep understanding of the principles of fairness and proportionality and the importance of process.
  • Strong ethics aligned closely to the FRC’s objective of creating a framework that encourages trustworthy behaviour by directors and professionals

A full candidate brief and details of how to apply can be found on the FRC’s website at: https://www.frc.org.uk/frc-for-you/careers or click on Apply. 

Closing date: noon on 19 December 2018 Please quote reference GL026

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