Job Title: Institute of Chartered Accountants of England and Wales
Country: United Kingdom
Mark Spofforth is a Permanent Observer to the IFAC Board, representing the Institute of Chartered Accountants of England and Wales (ICAEW) since May 2014.
Mr. Spofforth is in practice in a medium-sized firm where he specializes in family businesses, charities, and wealth management. In 2014, he received the Order of the British Empire (OBE) for services to the accountancy profession.
Mr. Spofforth served as deputy chair of the International Accounting Education Standards Board, having been a member since its inception as a standard-setting board. He was President of the ICAEW in 2012/2013 and has been a member of the ICAEW Council for nearly 20 years, including serving as chair of the Council. He has also chaired a number of committees and working parties for the ICAEW, including chairing the General Practitioner Board of the ICAEW.
In 2003, the ICAEW published his report, The Profitable and Sustainable Practice, highlighting the need for traditional small practices to adapt to a new way of working if they were to avoid continuing down the path of declining profitability.
Mr. Spofforth served on the UK Takeover Panel in 2013, and on the Deregulation Strategy Group at the Department for Business, Innovation and Skills.
Mr. Spofforth has travelled and spoken at international conferences on many occasions. In 2010, he was invited to speak at the World Congress of Accountants in Kuala Lumpur, Malaysia, on the education of the next generation of accountants and capacity building in emerging economies, and at the inaugural conference of the Singapore Institute of Accountants. He has also spoken at the Institute of Chartered Accountants of India's annual conference.
At home, Mr. Spofforth has served as a charity Trustee and school governor for many years and was appointed High Sheriff of West Sussex in 2016-17.