Chair of UK accounting watchdog leaves in setback to audit reform

LONDON (Reuters) - The chair of Britain's Financial Reporting Council, Simon Dingemans, will step down after just eight months, casting further doubt over proposed sweeping reforms of auditing and the watchdog itself.The former Goldman Sachs banker took up the post last October as part of a clean sweep of top council officials after corporate failures raised questions about enforcement of auditing standards.The FRC said it had been agreed when Dingemans joined that he could take on additional..