Overview

Join ACCA for a unique opportunity to get an update from Sir Jon Thompson, Chief Executive of the Financial Reporting Council (FRC) on the work of the FRC to implement the reforms proposed by the government following the BEIS consultation to strengthen the UK’s audit and corporate governance framework. 

This webinar will provide an overview of the proposed reforms and offer an opportunity to share your views and get your questions answered.

Who should attend? 

The proposals will have significant implication for your role and organisation if you are:

  • an accountant with a responsibility for governance, audit and/or reporting of a PIE, large company or organisation with potential for public interest
  • a leader of organisations offering education services for professional accountants.

More information on the original BEIS consultation and details of the outcome are available here. 

Speaker

  • Sir Jonathan Thompson, Chief Executive Officer, FRC

    Sir Jonathan Thompson

    Chief Executive Officer, FRC

As Chief Executive of the Financial Reporting Council, Sir Jon leads the delivery of the FRC's regulatory remit over corporate reporting, corporate governance and audit of the UK's largest companies. The FRC is undergoing a huge transformation following the Kingman and Brydon reviews and is leading the delivery of the Government's White Paper "Restoring trust in audit and corporate governance".

Prior to joining the FRC Jon was the CEO of Her Majesty's Revenue & Customs, the UK Tax Authority, collecting more than £625billion, employing more than 65,000 people and driving reform of the UK tax system. Sir Jon led the first wave of digitisation of the UK tax system, Making Tax Digital, delivering a much better service to customers, raising revenues and reducing the scope for error.

Before HMRC, Sir Jon was Permanent Secretary of the Ministry of Defence, jointly leading the £36bn organisation with the Chief of the Defence Staff. Jon has had a lengthy finance career including as Director General, Finance at the MoD, Director General, Corporate Services at the Department for Education and Finance Director of Ofsted. Before joining the Civil Service in 2004 Jon held a number of corporate services and finance roles in the public and corporate sectors.

Sir Jon is Chair of Crown Hosting Data Centres Limited and a Non-Executive Director of High Speed Two, delivering the biggest infrastructure project in Europe.