Friday, January 05, 2007


A fellow FCA informs me that the executive of the ICAEW have a new word that they use to describe us, the membership of the ICAEW.

They refer to us as "volunteers".

Now correct me if I am wrong, but the ICAEW is not a political party, a charity or indeed a voluntary organisation.

In order to be able to use the designatory letters ACA or FCA, after passing the exams, you have to pay an annual membership fee to the ICAEW.

The ICAEW is a closed shop, not a voluntary organisation.

The fees collected from the membership pay the handsome salaries of "our" executive officers, and are used to pay for failed PR campaigns to try to persuade the membership to support mergers.

To refer to us as "volunteers" is not only arrogant and patronising, it demonstrates how out of touch the executive of the ICAEW has become with the membership.

Should you want to change the status quo, then please help me find 10 ICAEW members living in Croydon who will nominate me for Council.

Thank you.

Ken frost MA FCA FIPFM

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