Peter Drummond FCA

Experience

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  PricewaterhouseCoopers

  Oct 1985 - May 2004

  Director

  Responsible for directing UK and international financial due diligence assignments and delivering high quality reports to private equity houses and major corporates. • Led delivery of the UK Transaction Services practice’s German business, achieving first rate results and developing strong client relationships on a wide variety of projects • Successful track record of winning repeat business through excellence of client service• Selected for sponsored secondment to Cologne (September 1990 – June 1993); represented the UK firm in Cologne, handling technical queries and referred work from UK Show less

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  HMRC

  Jun 2004 - Oct 2019

  Financial Reporting Expert/Senior Advisory Accountant

  Responsible for providing accountancy advice at HMRC in respect of the largest businesses in the UK, including household names in banking, insurance and utilities. • Lead for HMRC in discussions with major businesses on UK GAAP/IFRS compliance issues• Provide accounting advice for the development of tax policy and legislation in the light of new accounting standards and changes in the regulatory and economic environment• Write and deliver training on accounting and on its interaction with tax • Selected for secondment to the Financial Reporting Faculty of the Institute of Chartered Accountants in England & Wales (September 2017 – July 2018) • Winner of ‘HMRC Professional of the Year’ award in 2015 for outstanding achievements and commitment to listening to, understanding and addressing the needs of stakeholders• Acted as Expert Witness in several court cases, bringing clarity to complex accounting issues • Led HMRC’s accounting input to development of a new life assurance tax regime Show less

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  Financial Reporting Council

  Oct 2019 - Jul 2020

  Project Director

  Working on UK endorsement of IFRS, primarily IFRS 17, and to establish the UK Endorsement Board

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  UK Endorsement Board

  Jul 2020 - now

  Senior Project Director