Whilst the ICAEW reels from the Durgan contract fiasco, its standing with other professional bodies has taken another public battering; as Des Hudson, CEO of ICAS, questioned the ICAEW's recruitment strategy.
He is quoted by Accountancy Age as saying:
"We were surprised by the strategy, with respect to the various qualifications."
He noted that by getting other accountants to take up the ICAEW qualification, the ICAEW was contradicting its previous strategy of merging with other professional bodies whilst trying to keep the qualifications distinct.
"To me there's confusion between their current and previous statements."
As John Prescott has found to his cost, slings and arrows can be survived - ridicule cannot. The leadership of the ICAEW are making themselves look ridiculous.