New president takes over at ICAEW

by Richard Crump

More from this author

05 Jun 2014

  • Comments
ICAEW flag

THE NEW PRESIDENT of ICAEW has said the profession must encourage more young people into accounting and respond to changes in the way business and society works.

Speaking at his inaugural lunch, Arthur Bailey, the new president of ICAEW for 2014/15, said it was the institute's job to make sure the profession remains "relevant and useful" to business, to the public sector and to society.

"We are a hugely dynamic and relevant profession - to the economy - to business - to the public sector - to the third sector. We are also a massive employer and trainer and developer of new talent," Bailey said.

He also outlined a series of projects being undertaken by the institute that will shape the future of the profession, including a Tax Assembly initiative to rethink tax for the 21st century, a project that looks at how practice will change over the next few years to stay relevant, and efforts to support the majority of its UK members who are not in practice.

Bailey, a consultant with Begbies Traynor Group, replaces former Deloitte partner Martyn Jones and will be supported by PwC audit partner Andrew Ratcliffe as deputy president.

Visitor comments

blog comments powered by Disqus

Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

  • Send

Charterhouse Accountants

Finance Officer

Charterhouse Accountants, Beaconsfield, Permanent, Full Time, £ Competitive




Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials


Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you



Why budgeting fails: One management system is not enough

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.


iXBRL: Taking stock. Looking forward

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.