Paul Boyle, CEO of the Financial Reporting Council, has waded into row over the registration of the term "accountant" and proposal by the ICAEW to stratify the profession.
He suggests that the idea has not been thought through.
Boyle is quoted in Accountancy Age:
"It would be very interesting to see what cost benefit analysis the institutes could produce on this proposal. By definition they can't have power over non-members, so who is going to do this, and who is going to pay for it?".
I can certainly answer the "who is going to pay" part.
The members of course, via higher subscriptions!
- Tax Books
- Business Products
- Tax Investigation Insurance
- Contact Me
Originally dedicated to fighting the proposed merger of the ICAEW with CIMA and CIPFA, this site now provides news about the ICAEW
Thursday, March 13, 2008
Posted by Ken Frost at 12:39 PM
Labels: accountants, frc, icaew
Subscribe to: Post Comments (Atom)
Good proposal and as what Doyle says, "very interesting". Its a good idea to know what it is capable to produce and who is going to pay for itReplyDelete