Preparers Advisory Group (PAG)

Purpose

Members of the Group will:

  • Provide specialist knowledge and technical advice on:
      • IASB projects under consideration for endorsement by the Board, and influencing projects under development;
      • UKEB research projects;
      • market developments and financial reporting issues.
  • Provide relevant and timely context and evidence on UKEB projects to support the Board in its decision-making;
  • Contribute examples of best practice, practical experience, and expertise as well as potential solutions that can improve the quality of financial reporting;
  • Amplify messaging to the market and their stakeholder communities of key financial reporting changes that are being proposed or have been finalised; and,
  • Prepare and/or contribute to the preparation of papers for discussion at the Group’s meetings.

PAG Chair

Giles Mullins was appointed as an inaugural Member of the UKEB on 15 March 2021.

Giles is a Chartered Accountant and Partner at Grant Thornton UK LLP.  He leads the firm’s Financial Accounting Advisory team which supports clients with financial reporting expertise or on demand loan solutions and is a member of the global Grant Thornton Financial Reporting Advisory Board.

He also serves on the ICAEW’s Financial Reporting Faculty Board and the Auditing and Accounting Expert Group at the Quoted Companies Alliance.

PAG Members

Ben Binnington is a UK Chartered accountant with 30 years’ experience in financial reporting in a number of technical roles, having been a senior manager at PwC, a director in the accounting policy team at Barclays PLC and is currently a Senior Accounting Expert at Huawei. He has worked both in the UK and extensively overseas, including 5 years in the Russian Federation.

Cat Hoad is director secretariat to the 100 Group, managing the agenda for the informal network of FTSE 100 CFOs.  On behalf of the Group, Cat engages with stakeholders, leading on written technical responses and driving conversations and actions designed to promote the UK as a place for business.  Cat's career is founded in audit, building and leading international teams from the UK, Switzerland, Australia and India. Latterly she worked in Hungary delivering global compliance models for international businesses, and in the UK working with Board engagement and development programs.  

Chris Buckley qualified as a Chartered Accountant with KPMG in London and later moved to GlaxoSmithKline plc, retiring recently after a 29-year career there in financial reporting. For the last 19 years, Chris was head of GSK’s External Reporting team, responsible for the preparation of the group’s UK and US Annual Reports as well as for resolving technical accounting issues and implementing new accounting standards.  For much of this time, Chris was a member of the 100 Group’s Financial Reporting Committee.  He was also a member of the Corporate Reporting Council at the FRC for seven years and the BEIS Accounting Stakeholder Group for three years.

Jo Clube is Director of Accounting Policy Developments at Aviva PLC, currently focusing on implementation of IFRS 17, the new standard for insurance contracts. Jo also has responsibility for all aspect of reporting developments and is actively tracking developments in Sustainability/ESG reporting where Aviva has a market leading position. Jo is a member of ICAEW’s Financial Reporting Committee and represented the UK Insurance industry on the IASB’s Transition Resource Group and was a member of the UK Endorsement Board’s Technical Advisory Group for IFRS 17. Prior to joining Aviva Jo was part of the technical accounting team at Pricewaterhouse Coopers which she joined after graduating from the University of Edinburgh.

Luke Kelly is Director of Accounting and Control at Travis Perkins plc, responsible for financial reporting, financial controls, accounting shared services and property finance. He qualified as a Chartered Accountant at Pricewaterhouse Coopers.  Luke is a Trustee and Deputy Honorary Treasurer of the National Deaf Children's Society and a member of the Parochial Church Council of St Nicholas' Church. Luke received his MA and MMath from the University of Cambridge and his PhD from the University of Birmingham. 

Oliver Hexter currently works as Technical Accounting Manager at Bupa, an international health insurance and healthcare group. He provides advice on the application of IFRS across the group, manages the group’s accounting policies and supports the production of the group accounts. Oliver has over ten years of experience within the non-life insurance industry, providing advice on the application of accounting standards under various accounting frameworks and implementing changes in accounting requirements. Oliver originally trained as an auditor. He is a Fellow of the Institute of Chartered Accountants in England and Wales and holds a MSc in International Accounting and Finance from Bayes Business School (formerly Cass Business School).

Stephen Morris is an experienced preparer of financial statements and is currently Group Financial Controller at Cobham, a leading global technology and services innovator in the Aerospace and Defence industry. Driven by a desire to promote clear and value-adding financial reporting he has served on a number of Committees, including the 100 Group Financial Reporting Committee, and is currently Vice-Chair of the IASB Global Preparers Forum. In addition, Stephen has held voluntary positions in the Charity sector and is a long-serving Trustee of a large defined benefit pension scheme.

Toby Odell is a Chartered Accountant with nearly 20 years’ experience, initially working in the UK, Denmark and Australia as an external auditor with KPMG, and currently as the Group Technical Accountant at International Consolidated Airlines Group S.A., focusing on external financial and non-financial reporting. He is also a member of both the 100 Group Financial Reporting Committee and the International Air Transport Association Accounting Working Group.

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05 August 2022
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18 August 2022
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