‘Fast forward to 2010’, the institute’s new blue print for the future, aims at ‘continuing to drive excellence in education’.
‘Demonstrating the continuing competence of the qualification is equally important and ICAS intends to move towards a system of compulsory CPD for all its members,’ ICAS said.
The institute said the strategy would enhance the reputation of its members and ensure that members are aware of the valuable work it does.
ICAS president Murdoch McKillp said: ‘The reputation of the accountancy profession globally has suffered significantly in recent times. ICAS is determined to make sure that it continues to uphold the highest standards and deliver the CAs of the future who will maintain that tradition.’