FOUR OF TEN ICAEW Council elections will have to be re-run after the process was botched.
The four constituencies: South Essex; London; Manchester; and North West, ran elections to join the ICAEW that had flaws in the process.
Nominations were incorrectly made in the four constituencies. Those putting forward nominations must be fully-qualified ICAEW members, and be based within the constituency – it is understood that nominations were made that failed to meet these criteria, and were not picked up during the election process.
Michael Izza, ICAEW chief executive and returning officer for the elections, has declared the elections for these constituencies void and will be re-run.
Members ‘incorrectly’ voted into council in the four constituencies will be able to attend the June council meeting as observers, said an ICAEW spokesman. The re-run should be completed by August
The cost of re-running the elections, which will involve the Electoral Reform Society, is currently estimated at £10,000.
“We apologise to all the candidates involved and particularly those who were successful in the elections. We are reviewing the processes for elections and specifically the checks we undertake on nominations to ensure such a situation cannot arise in the future,” said an ICAEW statement.
Brexit shows that majority of UK public have major trust issues with business and political leaders, says PwC's Kevin Ellis
Engineering and technology executives have voiced concerns over the government’s industrial strategy and the need to fill the R&D funding and long-term investment gap in a post-Brexit Britain
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
This year’s Finance Act is 649 pages, the second longest recorded, and highlights the increasing complexity for taxpayers of an ever expanding tax code