PracticeConsultingThe Big Question – Institute on target, say FDs

The Big Question - Institute on target, say FDs

Finance directors have given overwhelming backing to the English ICA’s plans to make its education syllabus more business-focused, writes Kathy Greene.

A massive 60% of FDs think the reforms are well-targeted, according to The Big Question. The poll, conducted by Accountancy Age and Reed Accountancy Personnel, revealed the majority of FDs want the institute’s syllabus updated to include more commercially-orientated content. Many respondents complained the qualification pigeon-holed candidates into a narrow set of jobs and called on the institute to ‘do something to make its qualification more geared to business rather than audit needs.’ ‘It is wholly appropriate to review and update the education syllabus to adopt a modern, more business-like approach, especially combining the various theoretical elements with a business case study,’ said Mike Chadwick, acting head of finance at Friends Provident. Lars Maynard, of construction work agency AMH Holdings, agreed. ‘Reforms are necessary and the proposals go a long way towards dealing with the issues of relevance of the current professional qualification,’ he said.

Stuart Chapman, at International Baccalaureate, suggested the institute should also consider updating the syllabus to include global perspectives.

‘The UK is a small part of the international business world and although the qualification is well-regarded it needs to become more relevant to a world-wide basis,’ he said.

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer