KPMG partners receive bumper payouts despite Carillion fallout. https://t.co/8n2CK0b5CJ— Prem Sikka (@premnsikka) December 5, 2018
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Thursday, December 06, 2018
KPMG Raking It In
Friday, November 09, 2018
Why Do Women Leave The ICAEW?
28% of @ICAEW members are women— Elaine Clark (@cheapaccounting) November 9, 2018
That took 100 years ….. bloody hell
So by 2118 it'll be 50% 😱😱😱😱😱 https://t.co/DIQwsIKD42
The intake is still fairly equal. What is it that ICAEW (or accountancy careers) aren’t giving women? I had 5 years off accountancy with kids (learning patience and teaching English while living in France) on a reduced membership fee so maternity breaks aren’t the problem.— Della Hudson (@DellaHudsonFCA) November 9, 2018
@DellaHudsonFCA I have always felt it a real rip off that having passed the exams the ICAEW will happily take your qualification & certificate away from you if you stop paying fees (as they did once when I forgot to pay, then charge a few hundred extra admin fee to readmit me!)— Ken Frost (@ken_frost) November 9, 2018
Tuesday, October 23, 2018
ICAEW's Deficit - Deja Vu
Members may be forgiven for thinking that the £2M deficit that the ICAEW is forecasting is a one off.
As a loyal reader has pointed out, we have been down this route before in October 2001.
AccountancyAge at the time reported a £2M deficit, brought about by amongst others the costs of regional restructuring and, of course, improvements in the ICAEW bunker in Moorgate!
Monday, October 22, 2018
ICAEW's Forecast Profit Turns To Loss
You would have though that the ICAEW, given its well qualified membership, could get its financial projections right!
Chief operating officer Vernon Soare described the situation as “highly unusual”. He stressed the strength of ICAEW’s balance sheet and made it clear that the organisation was “not in financial crisis”.
Much of the cost, he said, could be attributed to the “investment phase” which has covered extensive restructuring and updating of the Grade 1 listed Chartered Accountants’ Hall, as well as the ongoing digital transformation.
The ICAEW would not be seeking to cover the deficit by increasing member subscriptions beyond the usual annual rise.
Which is all very well and jolly, but I would ask why is it group think within the ICAEW bunker that we have to have a rise every year anyway; as though it is written into stone the membership are milch cows for the milking?
Regarding the refurbishment of the ICAEW bunker in London, that is all very nice too; but I wonder what the membership who don't reside/work in/near London feel about that?
Thursday, June 14, 2018
Call For Evidence For Kingman Inquiry
Looking for more people to help @icaew_london with evidence on the Financial Reporting Council's work and its impact on smaller businesses and smaller firms of accountants so that we can respond to the Kingman inquiry. Send us a private tweet if interested.— Malcolm Bacchus (@BaccmaConsult) June 14, 2018
Thursday, May 17, 2018
The Carillion Clusterfuck - When Will The Profession Ever Learn?
The Carillion clusterfuck has brought well justified criticism and condemnation down upon the heads of both the board and the accounting/auditing profession, with calls for the Big Four to be broken up.
FFS, has the profession learned nothing from Enron, Parmalat, Polly Peck, Marconi etc etc?
Monday, April 09, 2018
WTF Is "Seriously Poor Audit Work"??
"seriously poor audit work" wtf does that mean? Either the audit is professional or it isn't?? https://t.co/GspJf0YCCJ— Ken Frost (@ken_frost) April 9, 2018
Tuesday, February 27, 2018
The Accountant’s Twitter List 2018
AccountingWEB have put together a list of accountants, finance professionals and other interested parties who generally send informative, entertaining and non-promotional tweets out into the accountancy Twittersphere.
I have been included in that list:
“Ken Frost (@ken_frost) Expect irreverence and expertise in equal measure from this FCA member of ICAEW, consultant, company director, banker and writer.”My thanks to AccountingWEB, and congratulations to those others on the list.
Tuesday, February 20, 2018
The ICAEW Finally Wakes Up To Social Media
Good afternoon Twitter. With increasing numbers of members engaging with us on social media, it’s time for me to follow suit. Stay tuned for updates on my meetings with members and stakeholders, thoughts on our key projects and links to my regular blog.— Michael Izza (@MichaelIzza) February 19, 2018
Better late than never.
Friday, February 02, 2018
A Hippocratic Oath for Accountants!
A totally bollocks and pointless idea.
Avoidance is not illegal, and accountants aren't doctors!