Opportunities for members on the ICAS Corporate and Financial Reporting Panel
As part of the normal Panel rotation process, the Corporate and Financial Reporting Panel is looking for new members – some to join the Panel immediately and some for 2020.
The Panel represents ICAS in relation to financial reporting and broader corporate reporting. In particular, it:
- offers views and guidance to the FRC, IASB and other bodies on accounting practices affecting or likely to affect ICAS and its members;
- reviews and responds to discussion papers and exposure drafts issued by the FRC and IASB;
- undertakes proactive initiatives to contribute to the debate on how reporting could improve into the future, to better meet the needs of users;
- liaises with the ICAS Research Panel in relation to the commissioning of research on financial and corporate reporting matters.
Why become a Panel member?
Being a member of ICAS policy panels provides a benefit to you personally and to your organisation. You will be involved in discussions on potential future policy developments and their impact and implications. You will also have the opportunity to network with other members of the profession and with influential people outside the profession. You may well find the intellectual challenge of contributing to the policy leadership work of ICAS enjoyable. Panel membership also enables you to give something back to your profession and to serve the public interest.
The Panel is made up of a mix of members from different backgrounds, some of whom have more of an interest in UK GAAP and financial reporting by smaller companies, others with a focus more on IFRS and the broader corporate reporting by large and listed companies, and some covering the wider spectrum.
We are keen to maintain a diversity of perspectives on the Panel and, in particular, to have members from:
- large and small firms (from technical, business advisory and audit backgrounds);
- preparers (large and listed companies as well as small companies);
- users (including investment owners/managers and HMRC);
- a corporate reporting design background;
- a regulatory/standard setting background, and;
The Panel meets four times a year and there are opportunities to be involved in one-off initiatives in between.
If you would be interested in finding out more about joining the Corporate and Financial Reporting Panel, please contact David Wood, Senior Policy Director at email@example.com.