There have been some very interesting comments on the recent post "Welsh Rebellion" (see the comments section). Here are the two most recent posts:
"Why not have a poll to see how many ICAEW members would like to become members of ICAS or ACCA or a new Welsh Institute.
The consolidation outcome is certain though the timing is not. How many disgruntled ICAEW members want a new home unless Messrs A and D withdraw by say, 31st March.
Messrs Frost, Lawson, Wooller and the Ginger Group surely have enough combined clout and prospective financial support to test the strength of opinion."
"You guys should let us know if there is a address where by contribution is required to set up the new body. I believe a lot will join the new body!!!!"
The idea of forming a breakaway body, or joining another body, is to my view an action of "the last resort".
In my view the best way forward, at this stage, is for the ICAEW to be reformed from within. In the short term a number of actions need to be taken; to show that ICAEW is capable/willing to change, and listen to its members:
1 The office of president should be an elected office, whereby all the members have the opportunity to vote. The current situation whereby the office holder is appointed by Council is unsatisfactory.
2 The merger plans, and associated expenditure on road shows etc trying to convince us of its merits, should be stopped immediately.
3 The ICAEW should give us, the membership, a full accounting of the costs incurred to date of trying to persuade us to vote for this unwanted proposal.
4 The "board" of the ICAEW that pushed the proposal forward, despite the objections of the membership and of CIMA, should resign and submit themselves for re-election.
5 The ICAEW should review the size, structure and role of council.
The response of the ICAEW to these points will, I guess, determine how strongly the membership really feel about joining/starting up another body.
Please post you views, and tell your friends/colleagues about this site.