Let me turn to the search for a new chair for the FRC. The comment I gave the FT was:
The new chair of the FRC has to combine an understanding of accounting as it is, comprehension of accounting as it should be if it is to properly serve society and the ability to reconcile the two in the interests of all the stakeholders of the accounting process. Without the focus on society, they will fail to deliver the change that’s now needed.
That got translated as:
Richard Murphy, accounting professor at Sheffield university, said the new chair would fail to deliver the changes needed unless they focused on the accounting industry’s impact on wider society.
I have two questions.
The first is, what chance someone meeting that spec will be appointed?
Second, should I apply? Is it time to stop moaning that the right people don’t get the jobs and apply for one?
Wouldn’t it be so much fun if he actually got appointed?