Mario Christodoulou, Accountancy Age, Friday 2 July 2010 at 11:00:00

Man who defended profession throughout the Enron scandal leaves PwC


Peter Wyman, the accountant who helped shepherd the profession through theEnron scandal, retired yesterday firm Big Four firm PricewaterhouseCoopers.

Wyman served as special adviser on taxation and deregulation to theunder-secretary of state for corporate affairs between 1993-94, a member of theDeregulation Task Force between 1994 ? 97 and external overseer of the InlandRevenue/Contributions Agency Joint Working Programme between 1995 ? 98.

He was also President of the ICAEW during the aftermath of the Enron scandalbetween 2002-03 and was a member of numerous other committees and workingparties, including chairman of the Professional Standards Office (1999-2000) andDeputy Chairman of the Financial Reporting Council.

He received the 2006 Institute of Chartered Accountants? Award forOutstanding Achievement, the profession?s highest award, and was also awarded aCBE in the Queen?s Birthday Honours for services to the accountancy profession.

Ian Powell, PwC UK Chairman and senior partner described Wyman as a "anextremely influential and well respected figure"

"In the aftermath of the Enron/Andersen collapse Peter's leadership of theprofession as ICAEW president was outstanding and stands apart," he said.

"The audit profession remains the subject of significant scrutiny and we willbe building on Peter's legacy of communicating openly and honestly about thevalue that the profession brings to the economy and society more broadly."