22 Jul 2004
While emphasising that talks were at an early stage, all of the parties agreed that any solid plan for a merger would have to be put to the members.
Harry McAdoo, head of public affairs for the ICAEW said: 'It would come down to a member vote to get any proposal mandated, but it may not come to that.'The proposal was just 'one route' to achieving the goals of the strategic review, he added.
CIMA and CIPFA echoed the commitment, with CIPFA saying it hoped a vote could be held by June next year.
The assurances come as the first noises of protest emerged against the nascent plan, which would forge the UK's largest accountancy body.
Dr Jeff Wooller, in a letter to Accountancy Age, said: 'The ginger group formed at the time of the previous proposed merger with CIMA is on full alert to mobilise against any proposed merger.' Meanwhile, ICAS raised the prospect that the project could spread north of the border when it refused to rule out joining the talks.
To have your say, go to accountancyage.com/vote and take part in our online poll, and stand the chance to win a magnum of champagne.
You may also like
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.