ICAEW and FRC CEOs Dinner
When:Tuesday, 28 March 2017, 6:30pm - 8:30pm
Where:3/F Pearl + Jade Room, The Langham, Shanghai, Xintiandi , 上海新天地朗廷酒店, 3/F, 明珠厅+翡翠厅
99 Madang Road
Price:RMB350 including set dinner and drinks. Members only.
The British Chamber Shanghai, together with The Institute of Chartered Accountants in England and Wales (ICAEW) and the Financial Reporting Council (FRC), cordially invite members to an exclusive dinner with Michael Izza, CEO of ICAEW, and Stephen Haddrill, CEO of FRC, held on Tuesday, 28 March at The Langham, Shanghai, Xintiandi.
The dinner will commence with opening remarks by Michael and Stephen followed by insightful and interactive discussions on ‘the Future of Audit and the Impact of Brexit on Reporting’.
By joining industry counterparts and ICAEW members in dining with the distinguished guests, attendees will look forward to exploring and discussing some of the pressing issues facing the profession today.
18:30 – 18:50 Arrival and networking
18:50 – 18:55 Opening introduction
18:55 – 19:05 Opening remarks by Michael and Stephen
19:05 – 19:35 Panel discussion and Q&A
19:35 – 20:30 Dinner and Networking
No-show Policy: Please note you must cancel your reservation in writing to the event contact staff 24 hours in advance. No-shows without prior notification will be charged a no-show fee of RMB100.
Walk-in Policy: Please note that members who attend the event without prior reservation will be charged a walk-in fee of RMB50 if spaces are still available.
Michael Izza became CEO of ICAEW in 2006. Since then the organisation has grown significantly and now has over 147,000 members working in over 160 countries. Michael regularly speaks on issues facing the profession and business community, including the impact of technology and the future role of the profession. 97 of the world’s 100 global leading brands employ ICAEW Chartered Accountants and Michael engages with media, politicians and regulators around the world.
Since the financial crisis Michael has prioritised a robust and collaborative partnership between Governments, regulators and the profession. As a UK based international body, ICAEW members are well placed to compare and contrast risks and opportunities across capital markets. In the UK, this dialogue is taken forward with the Bank of England, the Financial Conduct Authority (FCA) and the Financial Reporting Council (FRC).
During Britain’s referendum on the European Union, ICAEW facilitated debate across its membership, including its EU office and EU based members. Since the decision for Brexit, it has engaged with politicians including the UK Prime Minister, arguing that Britain must remain open for business and that the Accountancy profession can play a leading role in this vision.
Stephen Haddrill became Chief Executive Officer of the Financial Reporting Council in November 2009. Previously he was Director General of the ABI from May 2005. In December 2008, Stephen was appointed as a member of the Financial Crisis Advisory Group (FCAG), the high-level advisory group set up by the International Accounting Standards Board and the Financial Accounting Standards Board to consider financial reporting issues arising from the global financial crisis.
Stephen was Director General, Fair Markets Group at the Department of Trade and Industry (DTI), where he was responsible for the development of the framework within which business operates, including the competition and consumer framework, employment relations, company law, women and equality issues, and also trade and European issues. He held this position from January 2002. Prior to this, from 1998 until Spring 2002, he held other positions within the DTI, including Director of Employment Relations, and Consumer Affairs.
From 1994 to 1998 he was a director of the DTI’s Competitiveness Unit, a central policy team reporting directly to the Secretary of State. From 1990 to 1994 he left the UK civil service to work for the Hong Kong Government as a member of the Governor’s Central Policy Unit. Stephen was Vice President and Chair of the Board of the Institute for Employment Studies, the UK's leading employment and human resources experts, from October 2007 to 2011.
Stephen studied history and economics at Oxford University and joined the Department of Energy in 1978 where he held a number of posts, principally on nuclear issues and as Principal Private Secretary to the Secretary of State for Energy.
Lawrence is a senior partner of Deloitte China and has over 20 years of professional experience with both Deloitte China and UK. He currently serves as Audit Managing Partner for Deloitte Eastern Region.
Lawrence has extensive auditing and advisory experience including managing complex engagements for multinational clients; auditing companies for public offerings in a number of capital markets including China, US and UK; conducting financial due diligence, advising on risk management including SOX compliance issues.
Lawrence is a founding member of Deloitte Chinese Services Group (CSG) and currently leads the Centre of Excellent for Deloitte China Outbound Investment Services. In that capacity, he advises Chinese companies making overseas acquisitions and navigating complex compliance and financial reporting requirements.
Lawrence is a member of The Chinese Institute of Certified Public Accountants (CICPA) and an ICAEW Fellow. He currently also serves as ICAEW China President.
As Head of DPP-Audit for KPMG China, John leads a team that focuses on improving both the Quality and Efficiency of KPMG’s Audit practice. Within KPMG International, he is a member of the Global International Standards on Auditing Panel and the Global Audit Training Steering Group. John is also the ASPAC Head of DPP-Audit and chairs a monthly call with 14 other countries in the region.
John’s National DPP Audit team comprises three main sub-groups.
1) Audit Quality: John is the Quality Performance Liaison Partner on KPMG’s internal inspections program, the Chair of our Audit Quality Committee and the coordinates a Fraud-in-the-Audit/Forensic network.
2) Methodology: the DPP-Audit teams in HK and BJ develop the tools and practice aids that we need to improve the Quality and efficiency of our daily audit work.
3) Audit Training: team members in HK, BJ, SH, GZ and SZ offices lead the core learning and development on the latest tools and work practices that we use to complete our audits.
John is a Fellow of the ICAEW, qualifying as a Chartered Accountant in the UK in 1994, and worked for KPMG in Hong Kong until 2001 and continues to be a Practicing Member and Fellow of the Hong Kong Institute of Certified Public Accountants. Since 2001 John has been a Partner in the Shanghai office of KPMG looking after an audit portfolio of retail and manufacturing multinational clients. He is also the Treasurer of the British Chamber of Commerce in Shanghai.