Thursday, July 24, 2008

The ICAEW Carbon Footprint

This just in from the ICAEW:

"As part of our ongoing commitment to reduce the Institute's carbon footprint you will now be able to receive, by email, notification of your annual subscription and profile."


Surely going online to fill in these forms will use more electricity, thus adding to greenhouse gases etc?

If the ICAEW really wants to reduce the amount of hot air in the world their time would be better employed cutting council down to 12 members or less.

Thursday, July 17, 2008

Doomed To Failure

I agree with Damian Wild when he says that the campaign to "prevent unqualified accountants, tax and financial advisers providing services unless they have professionally recognised qualifications" is doomed to failure.

As he says:

"What do you do with the thousands of unqualified accountants who have offered sound advice for years?

Do the institutes offer an olive branch and a grandfathering scheme?

Or simply cast them adrift?

Who would oversee a new regime?

The Financial Reporting Council sees it as impossible to police and expensive to coordinate. So who would do it

The experience, quality, qualifications of the accountant and the professional body to which he/she belongs should guide the seeker of services to make a well informed choice as to who should provide their accountancy services/advice.

We do operate in free market, don't we?

Monday, July 07, 2008

Lib Dems Hire ICAEW

Congratulations to the ICAEW for winning an engagement offered by the Liberal Democrats, to audit their expenses.

Lib Dem MPs will have their receipts studied by the ICAEW in regular spotchecks.

I hope that the money earned will be used to offset future membership fee increases that are no doubt planned by the ICAEW.