Institute pays price for failed merger
Institute sets up a special interest group that will see CIPFA paid to provide services to public sector ICAEW qualifieds
Institute sets up a special interest group that will see CIPFA paid to provide services to public sector ICAEW qualifieds
The ICAEW announced a
new venture with jilted fellow institute
CIPFA this week,
providing a range of public sector services in place of those that would have
been provided under the merger plans.
ICAEW chief executive
Eric Anstee said the
proposals were a more expensive way of bringing the institutes together.
The institute has set up a special interest group that will see CIPFA paid to
provide services to public sector ICAEW qualifieds. Subscribers will receive
Public Finance magazine and access to online technical information.
‘This agreement [to get around the merger failure] involves buying in
separately. [If we had merged] we would keep the qualification separate and have
made cost savings,’ said Anstee.
He added that another merger vote was ‘some way off’, which could put into
doubt earlier tentative plans to put another vote to members by the end of 2007.
Anstee would not be drawn on his own future,or the timing for an announcement
on his replacement.
The numbers you crunch tell a story. Your expertis...
18yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW cited managing insurance costs, firms struggling to obtain coverage, assessing risk-taking capacity, and evolved firm structures as drivers ...
View articleThe IESBA emphasizes the importance of timely and global adoption of their standards. For corporate accountants, this means staying updated with chang...
View articleKPMG's faces record fine for a widespread exam cheating scandal, implicating senior staff and highlighting systemic ethical issues in the professional...
View articlePwC's Australia tax scandal has led to significant changes, including over 300 job cuts and the refusal to share a crucial report with Australian parl...
View articleAccountants and accounting firms play a crucial role in maintaining financial integrity, facing ethical dilemmas and regulatory challenges. Adherence ...
View articleThe creation of an effective sustainability standards infrastructure requires not only high-quality sustainability reporting and assurance standards, ...
View articleChanges will help to make accounting profession more attractive, ICAEW boss says Read More...
View article38% of firms required significant improvements, prompting the council to state Tier 2 and Tier 3 firms must "prioritise audit quality improvements and...
View article