The ICAEW is reattempting to persuade the government to legally define the
In today’s council meeting ICAEW chief executive Michael Izza said the
institute had been working with the other CCAB bodies to put together
proposals to persuade the government to recoginise and restrict the use of
the term accountant.
‘We are trying to get to a position where we have a choice. At the moment we
don’t have a choice and members tell me its a problem,’ said Izza.
The institutes’ case was strengthened when Ireland introduced a legal
definition for the term, but Izza said the UK government still needed
While the ICAEW was pushing ‘most strongly’ on the topic, Izza hinted at the
need for further discussions between the other CCAB bodies. ‘Not all the bodies
want to move at the same speed,’ said Izza.
The DTI recently rebuffed attempts by the profession to have the term
recognised, stating that the term ‘chartered accountant’ was recognised.
The AAT has become the first accountancy body to sign the Women in Finance Charter, which is designed to help achieve gender balance in the financial services industry
New government measures to target abuse of a VAT simplification scheme may have 'unwelcome consequences' for small businesses, says the institute
Fiona Wilkinson to take up the position in June 2017
The AAT will deliver the end point assessments for the apprenticeships