Institutes to push for merger
The ICAEW, CIMA and CIPFA will ask members to vote on a merger of the three institutes, it has been announced.
Link: Members split on merger
At a meeting in London today, the bodies announced plans to go forward with consolidation.
The plans will see the three bodies retain their seperate qualifications and exams, but with one president and one council.
Over 2,000 readers took part in a mergere survey, with a slight majority – 50.4% – in favour and 49.6% against.
Among the readers’ who revealed their qualifications showed more than two-thirds of ICAEW members (70%) were against a merger, while the vast majority of members from CIMA and CIPFA (80%) favour the merger.