Go Woke, Go Broke - UN Sustainable Development Goals

 

For reasons best known to itself, the ICAEW has waded into geopolitics in the form of an open letter to the UK government on the subject of the UN sustainable development goals.

These goals will achieve nothing, other than bankrupt the Western nations who are foolish enough to impose them on their unwilling and increasingly ignored/put upon taxpayers.

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The Merger That Dare Not Speak Its Name

Amazed that, based on the importance of a two-thirds majority vote requirement of both ICAEW and CIPFA members, the latest announcement has been made. A merger in all but name, and apparently without a vote. #icaew #cipfa https://t.co/3zauziNp2F

— Kevin Reed (@Goonerreed) September 11, 2023

As Kevin Reed correctly points out, this is a merger in all but name.

Why are the ICAEW and CIPFA so reluctant to use the word "merger"?

The answer is because they know they would have to ask their members to vote on it!

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CIPFA and ICAEW Fast-track Pathway To Dual Membership - Merger By The Backdoor

 

Today's announcement by CIPFA and the ICAEW of a fast-track pathway to dual membership has raised eyebrows among some in the accountancy profession. Some see it as a positive development, as it will allow accountants to move more freely between the public and private sectors. Others, however, are more sceptical, and believe that it is simply a backdoor to a merger between the two bodies.

There are a number of reasons why this scepticism is justified. First, the two bodies have been working more closely together in recent years. In 2021, they signed a memorandum of understanding to "explore opportunities for closer collaboration". This collaboration has included sharing resources and expertise, and working together on joint initiatives.

Second, the fast-track pathway to dual membership is not the only way that accountants can move between the two bodies. CIPFA members with less than five years' experience can already apply to join ICAEW through the Pathways to Membership programme. And ICAEW members with less than five years' experience can already apply to join CIPFA through the Fast Track Route.

So why did CIPFA and ICAEW feel the need to create a new fast-track pathway? 

One possibility is that they are simply trying to make it easier for accountants to move between the two bodies. However, it is also possible that they are laying the groundwork for a merger which would dilute the ICAEW brand.

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