UK Regulator involvement in recruitment in top six UK accounting firms

FRC

The UK’s Financial Reporting Council (FRC) has stated to the Institute of Chartered Accountants for England and Wales (ICAEW) that it wants to be involved in the recruitment of candidates for senior positions at the six largest accountancy firms: PwC, Deloitte, EY, KPMG, BDO and Grant Thornton.

The FRC intends to report to the “big six” firms on how candidates for key roles such as independent non-executives, heads of audit, and ethics partners at the Big Six firms meet the Regulator’s experience, skills and attributes criteria.

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April 2018

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