Institute fights back as rebels call egm

Institute fights back as rebels call egm

ICAEW vice president Peter Wyman has fired back at criticisms of the institute’s district society reforms as it prepares for an emergency general meeting over its plans.

Seeking to destroy ‘myths and misconceptions’ around the revamp, Wyman last week set out a number of key arguments supporting them.

He rebutted allegations that the societies were being destroyed and argued they would instead be strengthened by the new structure.

Reacting to allegations the institute had acted in bad faith over the ‘misuse’ of members’ signatures calling for an egm, Wyman said: ‘Given the seven months it has taken thus far to collect signatures, we have a duty to provide our members with an up-to-date picture of the plans and to give them an opportunity to clarify any concerns.’

Meanwhile Don Heady, co-organiser of the district society rebellion, has told Accountancy Age he believes they now have the appropriate number of supporters to force an egm.

Institute president Graham Ward said: ‘We are currently checking the signatures. Subject to this confirmation a special meeting will be convened within 56 days of Monday, 21 May.’

Read the full story at www.accountancyage.com/News/1121756.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In 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 resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource