The English ICA was accused at Tuesday’s agm of being a ‘rudderless, overloaded hulk, with a mutinous crew captained by an out-of-depth president’.
Tim Knight, a Hampshire sole practitioner, launched into the outburst while supporting Jeff Wooller’s motion to have the controversial Gerrard proposals put to a full membership vote.
‘Members’ fees funded the report, yet we’ve not been given a chance to vote on it. But council will just fudge the issue,’ Knight fumed. Gerrard had become an ‘albatross around the institute’s neck’, he added.
Attacking badgeholders, Knight said incoming president Chris Laine, was ‘out of touch,’ and that Moorgate Place needed a chartered accountant secretary general.
Laine said an institute report on the Gerrard proposals would be published in the summer. Wooller’s motion was defeated by 1,400 votes, including proxies.
Head of editorial Kevin Reed discusses the accountants in the new cabinet; the FRC's report into audit market concentration; and the Top 40 International Networks Survey 2016
Mazars to acquire financial modelling consultancy and training provider Corality Financial Group
Head of Brexit role created at KPMG as clients - UK and global - seek to steer understand and mitigate the ramifications of the UK's EU referendum vote
We are in a position where we need to consider how best to steady the ships - both our own and our clients, as we have an uncertain few months ahead