What young accountants think of the Institute
Article Abstract:
The Institute of Chartered Accountants in England and Wales held a Younger Members' conference in Apr. 1995. The one-day event provided the younger members of the organization, those accountants who qualified in the 1980s and 1990s, with a good opportunity to express their opinions about the institute. It was found that a significant number of them view the institute negatively. Many said that they felt very little loyalty to it, partly because they were received poorly after passing their examinations. The younger members also attributed their growing disenchantment with the institute to its failure to address the lack of continuity between student and qualified member, as well the unique needs of young accountants. Junior members trained in Big Six firms said that they do not really need the institute for their training needs, but those employed in smaller firms said the institute enables them to network with other professionals.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1995
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The year ahead
Article Abstract:
The sheer size of the Institute of Chartered Accountants in England and Wales (ICAEW) necessitates a dynamic strategy and policy planning process. The organization comprises of nearly 110,000 members, employs over 500 people and earns about 38 million pounds sterling every year. The ICAEW's planning process is based on its mission of observing high standards of integrity, objectivity and technical competence in the service of the public and its membership and to raise the value of the chartered accountant qualification. The output of this process for 1996 is 10 principal goals which the institute will pursue for the year. These include placing the issue of the proposed merger with the Chartered Institute of Management Accountants before members, improving the technical reputation of the Institute, participating in the debate on financial reporting in the European Union, and encouraging training in smaller companies.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1996
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Old hand steers young Hong Kong society to maturity
Article Abstract:
The relatively young Hong Kong Society of Accountants (HKSA) is headed by society veteran Louis Wong. He has been with the organization for 19 years, having joined it in 1976 when it was only three years old and had only eight staff. Since then, HKSA had grown into an influential body with 79 staff and nearly 10,000 members. The society has developed considerable clout under Wong's leadership. It enjoys a close relationship with the government and plays an important role in the shaping of Hong Kong's finance legislation. Wong has propelled the organization through four distinct phases: the establishment of a regulatory framework; the development of accounting, auditing and ethical standards; public relations; and improvement of HKSA's technical side.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1995
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