ICAEW members have voted against the merger proposal by the narrowest of
margins. Some 65.7% of members voted for the merger – fewer than 600 votes short
of the 66.7% majority needed to carry the motion.
After a lengthy campaign to ensure a decent turnout, 56,326 members voted. Some
37,004 supported the proposal.
CIPFA members emphatically endorsed the merger, with 86.6% voting for the
proposal. Some 5,636 CIPFA members voted, with 4,885 backing the motion.
The merger campaign has highlighted divisions between the ICAEW’s executive and
council and its membership. A small group of members has led a vocal campaign
against the merger, criticising the amount the institute has spent on making its
case and questioning the benefits of an alliance to ICAEW members.
And while the vote had been expected to be close, few would have predicted such
a tight margin.
Engineering and technology executives have voiced concerns over the government’s industrial strategy and the need to fill the R&D funding and long-term investment gap in a post-Brexit Britain
This year’s Finance Act is 649 pages, the second longest recorded, and highlights the increasing complexity for taxpayers of an ever expanding tax code
The International Integrated Reporting Council (IIRC) and the CIPFA have launched an introductory guide for leaders on integrated thinking and reporting
Accountancy Age is delighted to reveal the shortlists for the 2016 British Accountancy Awards