Brand Rules Out Merger

The Financial Director reports that ACCA CEO, Helen Brand, has all but ruled out the possibility of a merger with another industry body.

She is quoted:

"M & A activity has traditionally been seen to divert organisations from their strategy and take up lots of resources and time and effort."

Quite!

A Nice Little Earner

The ICAEW has fined members for the first time for failing to meet the requirements for continuing professional development.

Source Accountancy Age.

I recall, many many years ago, forgetting to pay my annual membership fee (mea culpa!) and (despite apologising profusely for my error) being charged approximately £400 by the ICAEW for the privilege of being "readmitted".

Suffice to say my membership fee is now paid by direct debit!