ICAEW's SME practice focus set for debate
ICAEW set to discuss the form of its next practice representative group
THE FUTURE structure of the ICAEW’s practice-focused group will be debated on Wednesday.
The institute’s HQ, Moorgate Place, will be home to a meeting between current practitioner representatives as they discuss how the latest incarnation of the ICAEW practice group should be formed.
The most recent version, the Practice Advisory Board, was scrapped along with other advisory boards in an attempt to introduce a more streamlined system to handle the various strands of the institute’s membership.
Expected to attend tomorrow’s meeting are representatives of the Practice Advisory Board; the Practice Society; the ICAEW’s Members Services Board; and practice-focused council members including Society of Professional Accountants chairman Peter Mitchell.
He told Accountancy Age that key to the new structure would be the form of the elected committee, plus its objectives. Mitchell has previously criticised the Practice Advisory Board’s structure for failing to deal with issues affecting smaller practices.
“The [new body’s] constitution must reflect SME practitioners’ needs,” said Mitchell.