Anton Colella, the new chief executive of the Institute of Chartered Accountants of Scotland (ICAS), is going to build bridges with the ICAEW after last year's humiliating debacle over the proposed name of the planned merged institute (that was blocked by the membership of the ICAEW).
Colella, in an interview with the Herald, notes that rapprochement is now required with the ICAEW.
However, despite the ICAEW's continued obsession with merging with all and sundry, ICAS have every intention of remaining independent.
Colella is quoted as saying:
"Consolidation is not on the horizon for Icas.
We will, however, be looking to work very effectively with the other professional bodies in the UK. We will be working very hard to ensure we identify areas where we can collaborate."