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.

Not so!

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!

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