Allen Blewitt, chief executive of the Association of Chartered Certified Accountants (ACCA) the world’s largest accountancy organisation outside China, has criticised the ICAEW merger plans.
He is quoted in today's Times as saying:
"The model for merging accountancy bodies is probably flawed..We educated accountants to be sceptical and conservative, yet you are asking people to forget years of entrenched mindsets."
He believes that institutes should collaborate first, then worry about whether or not to merge.
The ICPAI AND ICAI have collaborated for years and they failed twice in their merger proposal!
ReplyDeleteMergers are not in the interests of members only in those pushing the mergers.
ReplyDeleteEric Anstee has everything to gain as he would be boss of a bigger organisation.
Presumably some of the leading ICAEW Council members would be on the new Council as well as on the old and therefore get two sets of allowances.