Accountancy Age reports that CIMA are less than pleased with CCAB's decision to announce that CIMA were leaving, without first running that announcement past them:
"However, TS gathers that the CIMA bods were none-too-impressed at the CCAB press release announcing that the institute had buggered off.
With CIMA still technically a member of the CCAB (which will be reformed under a different moniker), the institute was 'very surprised' that the notice went out without its prior knowledge or signoff, catching them on the hop.
An administrative oversight surely, or the CCAB members making it clear that CIMA aren't part of the gang any more and can't have it both ways?"
Stand by for this to heat up.