Our client is responsible for promoting transparency and integrity in business. They are the UK competent authority for audit and set the UK corporate governance and stewardship codes as well as UK standards for accounting, auditing and actuarial work.
They monitor and take action to promote the quality of corporate reporting and operate independent enforcement arrangements for accountants and actuaries.
The Audit and Assurance Policy Team is responsible for the development of audit-related policy.
This includes: the development of technical standards and guidance; consistent interpretation and application of standards; leading the organisations contribution to international standard setting; commissioning reports and research; and providing input to ensure that the UK capital market, and the users of financial statements are supported by the provision of high-quality audit and assurance.
The team’s work requires considerable stakeholder engagement, including with investors and other users of financial statements, professional bodies and audit firms, other regulatory authorities both in the UK and internationally and international and other national standard setters.
It also means working closely with other teams including policy teams on corporate reporting and corporate governance and also with audit quality monitoring, oversight and enforcement.
The Technical Director of Audit Policy has been appointed as a member of the International Auditing and Assurance Standards Board (IAASB) with effect from 1 January 2020.
In supporting the Audit and Assurance Policy Team in the development of audit related policy, the Technical Advisor will support the Technical Director in the role as a member of the IAASB, including attending the meetings of the IAASB, Task Forces developing new or revised IAASB pronouncements, Working Groups considering other IAASB proposals, and meetings of other related groups.
The Technical Advisor will also participate in audit policy team projects.
The role involves providing support to the Technical Director in relation to the role as an IAASB Board Member including:
A CCAB qualification as well as experience working with and drafting technical audit-related standards and guidance are required. The ideal candidates will have:
Rewards and benefits