TakingStock – First-class training junkets.

So, ICAEW president Michael Groom (above left) spent #1,000 a day of institute money running around South America promoting global accounting standards.

Must be a bit of a nice junket at a total cost of #13,000. Very Carmen Miranda.

Anyway, given the sudden interest in the amount of dosh squandered on overseas travel, John Whiting, the ever-modest president of the Chartered Institute of Taxation, felt it necessary to keep us informed about his travels last week.

He proudly tells us that he was in Bristol, Hull and somewhere in Kent.

He travelled by train. And it was first class.

John, you clearly don’t understand this junkets business. We suggest you call Groom for a rapid correction of your obvious error. Bon voyage.

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