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.
We seek 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), from preparers (large and listed companies as well as small companies), from users (including investment owners/managers and HMRC), from a corporate reporting design background, from a regulatory/standard setting background, and from academia.
