The four focuses will centre on business – for members working in finance, commerce or industry; practice – for those partners or employees who work in practice; international – for those who live or work outside the UK; and younger members – for those under the age of 36.
The creation of the groups has stemmed from member research, which examined what English ICA members wanted from their institute and identified the need for new ways of communicating with them.
Each focus will be chaired by a leading figure from within the field. Nigel Turnbull will chair business; Baker Tilly chairman Clive Parritt will chair practice; Bob Webb will chair international; Alun Morgan will chair younger members.
Initially the institute will write to members allocating focus membership, which will be voluntary. It is also envisaged that some members will want to belong to more than one focus.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel