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 an eleven-partner firm where he has been a partner for 30 years, serving as managing partner and now as chairman, and where he specializes in family businesses and wealth management. In 2014, he received the Order of the British Empire (OBE) for services to the accountancy profession.
Mr. Spofforth has served as deputy chair of the International Accounting Education Standards Board, having been a member since its inception as a standard-setting board.
Mr. Spofforth was president of the ICAEW in 2012/13 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 has lectured to a number of international networks of small firms on the report.
Mr. Spofforth served on the UK Takeover Panel in 2013, and currently serves on the Deregulation Strategy Group at the Bank for International Settlements (BIS).
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.
Mr. Spofforth has served as a school governor at Sion School in Worthing, UK, for 20 years, and was recently appointed as a trustee of the Thalidomide Trust.