ARDL Seminar – “Carillion: the fallout – Has the collapse of Carillion precipitated the death of audit as we know it?”

Date: 9 April 2019

Registration: 5.30 pm

Seminar Start Time: 6.00 pm

Venue: Blake Morgan LLP, 6 New Street Square, London, EC4A 3DJ

A seminar and discussion on the regulation of the audit profession following the collapse of Carillion and the publication of the Kingman and the CMA Reports.

Seminar Chair:

Gareth Rees QC

Gareth Rees QC was called to the bar in 1981 and appointed Queens Counsel in 2003. His main practice at the bar was in crime and fraud but he was also instructed in disciplinary and regulatory matters and chairs RFU Disciplinary Tribunals. In 2012 he was appointed Executive Counsel at the Financial Reporting Council with responsibility for investigating and prosecuting auditors, accountants and actuaries for misconduct affecting the UK public interest. Since November 2017 he has been a partner at King & Spalding in its Special Matters team undertaking corporate investigations and advising on criminal, regulatory and disciplinary issues.


Ben Hubble QC

Ben has longstanding experience in disciplinary proceedings against accountants and actuaries dating back to when, as a junior, he prosecuted the Chief Executives of Equitable Life. Ben has been involved in many of the FRC investigations and disciplinary proceedings of the past decade and most recently acted for the finance director in the Equity Red Star case. Ben is a past Chair of the Professional Negligence Bar Association. He is a Senior Decision Maker for the Guernsey Financial Services Commission.

Ben was nominated as the 2017 Chambers UK Bar Professional Discipline Silk of the yearand is highly ranked in the legal directories.

Philippa Hill

Philippa is a Partner in Grant Thornton’s Forensics team and is a Fellow of the ICAEW. She has specialised in accounting investigations and disputes since 2001, prior to which she was an auditor. She has particular experience advising on suspected accounting irregularities and misstatements, and the responsibilities and conduct of directors and auditors in this context, including regulatory and professional disciplinary inquiries. She investigated the role and conduct of auditors and corporate finance advisers to the ‘Phoenix Four��� directors of the MG Rover Group, and gave evidence for the Financial Reporting Council in its first contested tribunal hearing. She has advised on numerous other matters involving suspected accounting irregularities, corporate failures and financial misstatements, including Wickes plc, RBG Resources, the Presbyterian Mutual Society and Equity Red Star.

Philippa also acts as independent expert witness in High Court and arbitration cases, particularly in financial and accounting disputes such as fraudulent misrepresentation and breach of warranty claims, and as quantum expert in other breach of contract or breach of duty matters. She is a transactions disputes specialist and regularly advises parties to deals on negotiating and determining the final equity price in transactions, including expert determination of post-deal disputes.

Duncan Wiggetts

Duncan is Executive Director, Professional Standards at ICAEW.

Duncan qualified as a solicitor in 1992 after obtaining a LLB law degree from Nottingham University in 1989.  After spending an initial period of 10 years in legal private practice specialising in high value commercial disputes and independent investigation work, Duncan joined PwC in January 2001, initially as Director in the EMEA litigation team and subsequently becoming Senior Counsel to the Audit business of the PwC Eurofirms network in January 2005 and a partner in PwC Netherlands.

After leaving PwC in 2009 for another five years back in legal private practice, Duncan joined ICAEW in January 2014 as Director of the Professional Conduct department.  Duncan subsequently moved up to his current position in June 2016. Since 2005, Duncan has written six drama films highlighting dilemmas faced by accountants and directors including the ICAEW films “False Assurance” and “Without Question”.  Duncan’s films have been used in training, shown at events and screened in boardrooms all around the world.

A drinks and canapes reception will follow the seminar.   


People's Comments

No comments so far.

Leave a Reply

Your email address will not be published. Required fields are marked

* required information

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>