governance structure has not improved its accountability or transparency,
according to a longstanding critic.
ACCA member and University of Essex professor of accounting Prem Sikka said
the institute’s measures, which include independent lay appointees to oversee
its governance, were ‘nothing more than a gimmick’.
‘The [lay appointees] are handpicked and not independent, so they don’t
increase the accountability of ACCA’s officers,’ said Sikka.
But Peter Large, ACCA’s executive director for governance, said the new
structure followed best practice.
‘Placing oversight of regulation and discipline at arm’s length from the
governance of ACCA’s other activities helps to reassure stakeholders that ACCA’s
arrangements are operated impartially, with integrity and in the public
interest,’ Large said.
Engineering and technology executives have voiced concerns over the government’s industrial strategy and the need to fill the R&D funding and long-term investment gap in a post-Brexit Britain
This year’s Finance Act is 649 pages, the second longest recorded, and highlights the increasing complexity for taxpayers of an ever expanding tax code
The International Integrated Reporting Council (IIRC) and the CIPFA have launched an introductory guide for leaders on integrated thinking and reporting
Accountancy Age is delighted to reveal the shortlists for the 2016 British Accountancy Awards