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Thursday, December 13, 2007

A Contradiction In Terms

On the assumption that the Financial Reporting Council (FRC) really is the independent UK regulator responsible for promoting confidence in corporate reporting and governance.

How can Eric Anstee's (ex CEO of the ICAEW and newly appointed chairman of IFA) appointment as a non-executive director of the new board of the Financial Reporting Council provide a leg up for IFA, as IFA president Professor David Hunt states?

Independent bodies do not provide leg ups.

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