Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

CALL TO MODERNISE ACCOUNTANCY BODY

  • Comment
The new president of the Institute of Chartered Accountants in England and Wales yesterday said she intended to mod...
The new president of the Institute of Chartered Accountants in England and Wales yesterday said she intended to modernise the 119-year-old organisation, reports The Financial Times (p14).

Sheila Masters said the institute had to be outward-looking and to embrace internet technology.

'If we do not reinvent ourselves, will we be able to meet the legitimate demands of our members in the future?' she asked. 'If we ignore the power or digital technology how can we hope to match our members' business needs?'

But the institute's reformers suffered a blow earlier this week when its members voted narrowly to reject plans to allow specialisation in its examinations - a reform supported by the big five accountancy firms, which provide provide training.

Urgent talks are planned with the top 25 firms training chartered accountants, to find a way of meeting demands for a more relavant qualification.
  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.