Oxford Saïd Professor of Accounting, Richard Barker, has been appointed to two panels to provide expert advice for accounting professionals: the expert panel for the Prince’s Accounting for Sustainability Project and as the UK representative on the academic panel of the European Financial Reporting Advisory Group (EFRAG).
Established by HRH The Prince of Wales in 2004, the Prince's Accounting for Sustainability Project aims to inspire leaders in finance to develop resilient business models and a sustainable economy. The project works with Chief Financial Officers and finance teams, the accounting community, investors and the wider finance community, policy makers and business schools to develop, inspire and encourage the adoption of such models.
As a member of the expert panel, Richard will join other leaders in finance and sustainability, from both the business world and from academia. The panel uses their expertise to support the Project’s strategy and aims.
Richard commented, ‘I am delighted to have been invited to sit on both these panels. As part of the Prince's Accounting for Sustainability Project, I will contribute to extending what “counts” in corporate performance and to build systems of accounting and accountability for sustainable business.'
'It's also great to be involved in EFRAG, which plays a central role in the application of International Financial Reporting Standard across Europe. Their academic panel is the first point of engagement between this important body and the academic research community.'
The European Financial Reporting Advisory Group spans European stakeholders and national organisations with an interest in the development of International Financial Reporting Standards (IFRS) and their contribution to international markets.
The academic panel for EFRAG consists of thought leaders in financial reporting from across Europe. The panel aims to feed into the group’s work setting standards, as well as to ensure that their financial reporting solutions are based on a firm foundation of evidence.
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