RegulationAccounting StandardsAccountants receiving no recognition – CIMA boss

Accountants receiving no recognition – CIMA boss

Coghlan to make case for better acclaim for UK accountants

John Coghlan, the president of the Chartered Institute of Management
Accountants (CIMA) has told a city
audience of business leaders and representatives of government, that accountants
contribution to the UK economy receives very little public or government
acclaim.

This, according to Coghlan, is despite the fact that ‘the six UK chartered
accountancy bodies lead the world in the training and qualification of their
250,000 UK members, at no cost to the state’.

Speaking
at the eighty-sixth annual CIMA president dinner
 held in London, he said:
‘CIMA is one of six chartered accounting bodies in the UK. Together we have
250,000 members working here in the UK, in business, in the public sector and in
practice.

‘These members have been trained at no cost to the State. Their standards of
competence and ethics are second to none in the world, in fact we probably lead
the world. Their positive contribution to the overall economy of UK plc is
immeasurable and yet, in general, they and their institutes receive very little
public or government acclaim for the contribution they make,’ he added.

Related Articles

Demystifying GDPR for accountants

Accounting Standards Demystifying GDPR for accountants

1w Ellen Temperton, Lewis Silkin
EY fined £1.8m over Tech Data audit

Accounting Standards EY fined £1.8m over Tech Data audit

2m Emma Smith, Managing Editor
The great professional services shake-up

Accounting Standards The great professional services shake-up

3m Fergus Payne, Lewis Silkin
What do clients actually want from an accountant?

Accounting Standards What do clients actually want from an accountant?

4m Emma Smith, Managing Editor
Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

Accounting Standards Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

4m Alison Conley
Membership of the accountancy profession on the rise

Accounting Standards Membership of the accountancy profession on the rise

5m Alia Shoaib, Reporter
The real price of mates' rates in the provision of professional services

Accounting Standards The real price of mates' rates in the provision of professional services

5m DAC Beachcroft
IASB overhauls insurance accounting with issuance of IFRS 17

Accounting Standards IASB overhauls insurance accounting with issuance of IFRS 17

7m Alia Shoaib, Reporter