Alan Vallance, ICAEW chief executive, commented on the incorporation of the Centre for Public Interest Audit and appointment of Baroness Margaret Ford as chair:
“Confidence in financial reporting is key to investment and growth, so ICAEW has come together with other parts of the profession to establish the Centre for Public Interest Audit, an independent body with the mission of driving best practice and greater resilience in the Public Interest Entity audit market.
“In delivering on these objectives, we look forward to seeing the CPIA work alongside ARGA, the new regulator confirmed in last week’s King’s Speech.
“We are delighted that the Centre has now launched and we warmly welcome the appointment of Baroness Margaret Ford as its first chair.”
ENDS
Notes to editors:
Contact: ICAEW media office, 07557 161315 or ruth.pott-negrine@icaew.com