Leader: ACCA practices must recognise their place

by Accountancy Age Staff

More from this author

24 Sep 2012

  • Comments
leader-logo

CONGRATULATIONS TO BARRY COOPER, who becomes the second non-UK and Ireland president of ACCA, following Sam Wong in 2003.

Cooper, an Australian accounting academic, says he will ensure that ACCA works "closely with employers, and that we meet their needs in an increasingly global economy", and represent members' views at a "global level".

Cooper will be the second ACCA president on the spin without an accounting practitioner background, following Dean Westcott's tenure (healthcare sector). The next two presidential incumbents, Martin Turner and Anthony Harbinson, are from local and central government, respectively.

ACCA's UK practice members might just be feeling under-represented – but they will have to accept their place in ACCA's grand scheme of things.

The institute, for the first time, has more members outside the UK and Ireland than within (75,978 compared to 75,305), according to the latest stats from industry watchdog the Financial Reporting Council. What's more, 'outside UK' numbers have grown at 40.8% between 2006 and 2011, compared to 22.7% for the UK and RoI.

Practitioners only represent 26% of ACCA's overall membership, with 56% from industry and commerce.

An ACCA spokesman told Accountancy Age that its 36-strong council, which includes 12 members from practice, shows a "clear ongoing commitment to draw a diverse range of perspectives appropriate to its position as a global body".

It will be fascinating to see whether ACCA's practice base feels it gets the attention it deserves, over the next few years.

Kevin Reed is editor of Accountancy Age

Visitor comments

blog comments powered by Disqus
display:none

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

Submit
  • Send

conservatoire-for-dance-and-drama

Finance-Director-part-time

Conservatoire for Dance and Drama, London, Permanent, Part Time, £60,000 pro rata

 

 

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

Careers

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

Briefings

budget-management

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.

cchcover

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.