Paul Doyle

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Paul Doyle became CEO of the FRC in January 2004 and held the post until 2009.[1] Prior to that Paul was Chief Operations Officer of the Financial Services Authority from 1998 until 2004.

The Financial Reporting Council (FRC) is the UK's independent regulator for corporate reporting and governance. Its aim is to promote confidence in corporate reporting and governance. Its five key objectives are to promote:

  • high quality corporate reporting
  • high quality auditing
  • high standards of corporate governance
  • the integrity, competence and transparency of the accountancy profession
  • its effectiveness as a unified independent regulator

The FRC is a unified regulator with a wide range of functions:

  • setting, monitoring and enforcing accounting and auditing standards
  • statutory oversight and regulation of auditors
  • operating an independent investigation and discipline scheme for public interest cases
  • overseeing the regulatory activities of the professional accountancy bodies
  • promoting high standards of corporate governance

A Scottish trained Chartered Accountant, Paul studied at Glasgow University. Before joining the FSA he worked with Cadbury Schweppes plc, WH Smith Group plc and consultants Coopers & Lybrand.

Notes

  1. http://www.frc.org.uk/about/board.cfm, accessed, 15 September 2007