ICAS cools merger talk
No plans for the oldest accounting institute in the UK to pursue a merger with any other accounting bodies
ICAS, the oldest accounting institute in the UK, has said that it has no
plans to pursue a merger with any other accounting bodies.
Speaking on
Accountancy Age
TV, ICAS president Isobel Sharp said that her institute was eager to work in
partnership with other accounting bodies but had no interest in formal
consolidation.
‘My members have said for a long, long time that they are not for it [a
merger] and we are not putting it on the table. The interesting thing is that I
don’t see any pressure from any of the other bodies to support consolidation or
mergers at this point in time,’ Sharp said.
ICAS has recently launched a new strategy that will see the institute focus
on its international reach and the value of its qualification.