RegulationAccounting StandardsInstitutes in new bid to protect term ‘accountant’

Institutes in new bid to protect term 'accountant'

ICAEW asks members to help persuade government to protect the term

The major accounting institutes are gathering evidence from members in a bid
to persuade the government to protect the title accountant.

In his blog, ICAEW chief executive Michael Izza said the CCAB institutes –
ICAEW, ACCA, CIMA, CIPFA, and ICAS – were asking members to help back a bid to
legally define the term accountant.

The CCAB bodies have long been trying to persuade the government that people
without proper qualifications should not be able to call themselves accountants.

The DTI had previously said that the
term ‘chartered accountant’ was recognised in legislation.

‘Anyone can call themselves an accountant without any qualifications,
examinations or regulatory supervision,’ said Izza.

As well as undertaking research of their members, Izza also wants members to
send in examples where the have been called in to rectify a situation caused by
a non-qualified accountant to
chief.executive@icaew.com

Further reading:

Institutes continue bid to define
‘accountant’

Treasury holds crunch meeting to
define profession

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