This is in the City Diary section of today's Times:
IN THE normally dull world of accountancy, rebellion stirs. The Institute of Chartered Accountants in England and Wales (ICAEW) is trying to ram through a merger with two other bodies, CIPFA, which specialises in the public sector, and CIMA, which represents management accountants.
The latter has already fallen by the wayside, and its arrival has had to be delayed. Members of the ICAEW are up in arms, in so far as an accountant can be said to express so strong an emotion. There is a website devoted to stopping the merger. There are calls for resignations, demands for a vote and talk of forming a breakaway institute.
The Welsh are particularly unruly. An informal poll suggests an 11-to-1 stand there against the merger. “When will the ICAEW council realise that this proposal is fatally holed below the water line?” asks one rebel. The ICAEW had no comment to make.
One of the ICAEW strategies is for it to represent the wishes of its members.
ReplyDeleteAll the polls show that the ICAEW is clearly not representing the wishes of its members.
If the Council does not agree with the wishes of its members it should step down.
If only we could stop the travel expenses of the Council members the problem would be rectified in one fell swoop.
The ICAEW are using weapons of mass destruction (self-destruction). So what about a real war and some blocking of terrorist funding by the withholding of subscriptions at least one year?
ReplyDeleteThe ICAEW are using weapons of mass destruction (self-destruction). So what about a real war and some blocking of terrorist funding by the withholding of subscriptions at least one year?
ReplyDeleteThe ICAEW are using weapons of mass destruction (self-destruction). So what about a real war and some blocking of terrorist funding by the withholding of subscriptions at least one year?
ReplyDeleteICAEW standards are doubtless at their lowest. Arrogance obviously leads to deceit: so it would be an excellent idea for all Council, Committee, Executive and Staff expenses of every description to be reviewed by the Ginger Group with a view to as many instant dismissals/disciplinary proceedings as possible.
ReplyDeleteWho do you trust?