ICAEW’s Corporate Reporting Faculty is inviting applications for membership of its three sub-committees; the Financial Reporting Committee, the Non-Financial Reporting Committee and the Corporate Reporting Editorial Board.
Background and application information
The Corporate Reporting Faculty helps guide members through current and emerging reporting requirements and provides them with world-class technical knowledge to ensure they continue to be experts in their roles in public practice or business. The faculty is also responsible for formulating ICAEW policy on corporate reporting issues and makes submissions to standard setters and other external bodies on behalf of ICAEW.
The faculty is strengthened by the work of its three sub-committees, which sit under the Corporate Reporting Faculty Board. These sub-committees play a key role in supporting the delivery of technical guidance and ensuring the faculty sustains a strong reputation and influence with those who set the law and standards that shape ICAEW members’ work.
More information on the faculty’s sub-committees is provided below. If you are interested in applying to any of these sub-committees, please email crf@icaew.com with a short statement (approximately 250 words) covering your background and suitability for the role, indicating which sub-committee you are interested in joining. You may also wish to provide a link to your LinkedIn profile. You are welcome to request an informal chat to find out more.
Please submit your application to crf@icaew.com (mentioning “Application to CRF volunteer roles” in the subject line) by 13 February 2026.
Financial Reporting Committee
The Financial Reporting Committee (FRC) is responsible for the development of ICAEW policy on financial reporting issues. It comments on discussion papers, exposure drafts and other consultation documents issued by national and international legislators, regulators and standard setters. The FRC may also carry out proactive projects on emerging corporate reporting issues and is consulted on the faculty’s thought leadership programme.
The faculty aims to maintain a balanced membership of the committee, comprising preparers and users of financial statements and representing members in practice, industry, academia and SMEs.
As an FRC member, you will:
- Attend up to 11 two-hour meetings per year (including up to six “hybrid” meetings per year, for which in-person attendance at Chartered Accountants’ Hall is encouraged).
- Prepare for meetings by reading agenda papers and draft responses circulated in advance.
- Contribute to the discussion of consultation documents, draft representation letters and emerging financial reporting matters at FRC meetings and, where relevant, by email.
- Volunteer for working groups established on an ad hoc basis to develop responses to consultations where you have particular expertise on the topic.
We are particularly looking for volunteers with the following backgrounds:
- Academics with an interest in financial reporting topics.
- Investors.
- Preparers of financial statements (either using IFRS Accounting Standards or UK GAAP).
Non-Financial Reporting Committee
The Non-Financial Reporting Committee (NFRC) is responsible for the development of ICAEW policy on non-financial reporting issues and ensures ICAEW reflects members’ views authoritatively. From time to time, the NFRC may carry out projects on emerging non-financial reporting issues and contribute to the faculty’s thought leadership programme.
Membership of the committee comprises a broad balance of preparers and users of financial reports, including members in practice, business, the investment community and academia.
As an NFRC member, you will:
- Attend approximately eight two-hour meetings per year (including approximately three “hybrid” meetings per year, for which in-person attendance at Chartered Accountants’ Hall is encouraged).
- Prepare for meetings by reading agenda papers and draft responses circulated in advance.
- Contribute to the discussion of consultation documents, draft representation letters and emerging non-financial reporting matters at NFRC meetings and, where relevant, by email.
- Volunteer for working groups established on an ad hoc basis to develop responses to consultations where you have particular expertise on the topic.
- Comment on any emerging non-financial reporting issues which may require further action or guidance from the faculty.
We are currently looking for expertise in the following areas:
- Preparation of the “front half” of the annual report.
- Non-financial reporting developments, including sustainability-related reporting requirements.
Corporate Reporting Editorial Board
The Corporate Reporting Editorial Board (CREB) was established by the Corporate Reporting Faculty Board to develop, review and approve the factsheets of the faculty, as well as advising on their maintenance, update and withdrawal. From time to time, CREB members may also review and provide advice on other online guidance, helpsheets and FAQs.
The CREB is comprised of members with technical expertise in one or more of IFRS, UK GAAP, sustainability reporting and other relevant laws, regulations and guidance in corporate reporting. Members come from a range of backgrounds but are typically technical accountants working in practice as preparers, auditors or technical consultants.
As a CREB member, you will:
- Attend up to eight two-hour online meetings per year, each focusing on the review of a particular factsheet.
- Prepare for meetings: review the relevant draft factsheet in detail, providing comments in advance where possible and contributing to discussion at the meeting.
- Following the CREB meeting, review further updated draft(s) of a factsheet before it is published.
- Review and provide comments relating to minor updates to factsheets, often dealt with by email only.
Individual CREB members are typically appointed as the primary reviewer for one or more factsheets. In this role, you will be required to:
- review an initial draft of the factsheet before circulation to the CREB;
- review further iterations of the factsheet following the CREB meeting (where applicable), providing advice as the factsheet is developed; and
- work with the factsheet author and the CREB Chair to approve the final version ready for publication.
We are currently looking for expertise in the following areas:
- Financial reporting, particularly experience of applying UK GAAP for micro-entities.
- UK sustainability-related reporting requirements.