Effective E & T: the ball's in your court
Article Abstract:
The Institute of Chartered Accountants in England and Wales has issued a discussion draft entitled "Effective Education and Training for the 21st Century," soliciting comments and suggestions from public accounting firms in Britain as to the training of chartered accountants. Comments will be accepted until the end of December 1986. The Institute's assessment of accountancy training suggests that accountants need better communication skills and a stronger understanding of basic public accounting operations, and that accountancy training might be more effective if it occurred after the completion of formal education (rather than being coincident with college attendance). Other possibilities for changes in British accountancy training include: fewer (or earlier) examinations, earlier specialization by students within the field of accounting, and more difficult initial testing of accountancy candidates.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1986
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Building societies: new ground rules for 1988
Article Abstract:
The Building Society Commission, created by the Building Societies Act of 1986, is responsible for the overall supervision of building societies, whereas the Securities and Investment Board will govern the financial services business through which building societies will seek their profits and reserves. The Act will enable building societies to compete with other financial institutions, but it will also entail some heavier responsibilities. Among these are the requirement of systems for control and inspection to assure that accurate information reaches executives and directors. Decisions must be properly implemented by the society's staff, and once a year a report must be submitted to the Commission to the effect that provision S71(1) of the Act has been met.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1987
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New pathways to learning
Article Abstract:
The Institute of Chartered Accountants in England and Wales has endorsed new syllabi and examinations for accountants in order to make them more relevant, improve the progression from the conceptual to the practical in the educational cycle, ensure that students get a grounding in business and management, and provide a framework for continuing education. The syllabus concentrates on the professional knowledge and skills required of chartered accountants and is predicated upon three pathways: business and financial management, taxation, and financial reporting and auditing. In addition, students will be familiarized with information technology, law, financial reporting, financial decision making.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1990
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