ICAEW, ICAS lag behind institute rivals

A document to be published by the Accountancy Foundation will offer a complete picture of the accountancy industry by comparing all six UK and Irish accountancy bodies.

But the startling news is the differences between the growth rates of ACCA and the ICAI compared with ICAEW and ICAS.

ACCA has raced ahead with a membership growth rate of 52.3% since 1996 which executive director Andrew Harding puts down to the flexibility of its qualification.

However, some institutes are already sounding a warning about drawing conclusions on the new data.

Mandy Lavin, director of professional services at CIMA, welcomed the document as a 'landmark achievement' but added: 'They are rough estimates. They are certainly not exact figures with which to compare the bodies. It merits further underlying analysis.'

Colin Reeves, head of the Foundation's Review Board, said the information will be compiled on a yearly basis from now on.

To read the full statistics click here

See also:

Questions asked of ICAEW recommendations

It's six months since the collapse of Enron and the ICAEW has just issued far-reaching recommendations with the aim of restoring confidence in the profession.  21 Jun 2002

ACCA chief calls on international bodies

If the profession wants to shake off its damaged reputation it needs to look at how effectively the new system of independent oversight regulates the profession, nationally and globally, says the ACCA's chief executive.  21 Jun 2002

CIPFA to lead controversial audit research

CIPFA has been chosen to head research investigating whether a fully independent body is needed to appoint private sector auditors ending the practice of companies appointing their own.  06 Jun 2002

ICAEW may defy Commons committee

The next president of the ICAEW has said that the institute could defy the views of a powerful House of Commons committee if it does not agree with the MPs' views on financial reporting.  30 May 2002

ICAS urges Treasury to help restore confidence

ICAS has called on the Treasury select committee to help restore confidence in UK corporate governance as part of its ongoing review of the UK accounting industry.  21 May 2002

CIMA reviews IT membership system

CIMA is undertaking a detailed review of its membership IT system after last year's failed IBIS project blew a £1.6m hole in the institute's accounts.  08 May 2002

CIMA in scramble to open up hearings

Pressured by heightened concern over best practice in the profession, CIMA is scrambling to publicise and open up its disciplinary hearings one year after the by-laws allowing the move were passed.  20 Feb 2002

Like this story? Spread the news by clicking below:

 del.icio.us     Digg this     reddit!