ICAEW

Why do we continue to shoot ourselves in the marketing foot?

April 16, 2009 General

Stuff comes in threes so they say and given that today I’ve riffed some questionable research on saas and asked why ICAEW isn’t providing more online help for the downturn, it is only fitting that AccountingWEB’s Any Answers should come up with a perfect example of why the profession is in so much trouble. Weilin [...]

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Why doesn't ICAEW have one of these?

April 16, 2009 General

There’s no avoiding the fact that life is tough right now for clients, firms and the wider commerical world. So why doesn’t the ICAEW have a prominent section providing comprehensive advice for practitioners similar to this I’ve found on the AICPA site? Apart from taking the topic by the scruff of the neck and not [...]

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Is a career in accounting a safe recessionary bet?

April 15, 2009 General

Robert Holland is espousing the ‘safe haven’ status of accounting as a profession to pursue during the recession. He says: We certainly appear to be living in interesting times. All of a sudden careers and jobs that once appeared as attractive and challenging, such as investment banking, now appear risky and unsafe. In such times [...]

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For once I disagree with Francine

April 14, 2009 General

I admire the way Francine McKenna keeps focused on the Big Four and their deficiencies but I disagree with her first central thesis that avoiding RIF could come by: Refocus on the true client – the shareholders and investors of the public firm It’s the ‘shareholders and investors’ where I have an issue. Francine has not [...]

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Feed the pig

March 23, 2009 General

Why doesn’t the ICAEW have a similar initiative to that in the US where the AICPA, the equivalent of the ICAEW has created a web presence called feedthe pig.org designed to help the American people better understand their finances. Financial literacy is seriously lacking in every income group in America. Family deficits, lack of savings [...]

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PwC, Berg Kaprow Lewis receive petty cash fines

March 11, 2009 General

PwC and Berg Kaprow Lewis have each been fined the princely sum of £750 by ICAEW for regulatory breaches: The £750 penalty has been incurred by the Big Four firm for inadvertently allowing ‘partners who were not at the time properly appointed as responsible individuals, to take responsibility for and sign audit reports on Charitable [...]

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Pre-Budget Report and VAT: the story that won't die

November 27, 2008 General

When I wrote about an admittedly narrow issue on how I see the impact of the reduction in VAT from 17.5% to 15% I could not have foreseen how that story would take on a life of its own. But elsewhere. Over at IT counts, I riffed the story with the added twist of noting [...]

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Michael Izza blog: two thumbs up

November 8, 2008 General

While preparing for a blog post on IT Counts I noticed a wee link in the top left hand corner of the site. Clicking took me to Michael Izza’s blog. I’ve no idea if ICAEW publicised the fact but they should SHOUT IT FROM THE DIGITAL ROOFTOPS. (For my non-UK readers, Izza is the CEO [...]

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CCH survey: I've got it all wrong

October 27, 2008 General

Courtesy of CCH, I received a press release that contains thse findings: “CCH has found that accountants are still unfairly branded as being behind the times. Highlights of the report include: ·         28% of the general public recognises accountancy as a dynamic profession where new technologies are embraced compared to 53% of all accountants. ·         [...]

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David Carter's guide to forecasting: avoid

September 19, 2008 General

It is rare that I read something that is so nonsensical as to be misleading but David Carter’s guide to forecasting and budgeting is plain wrong on multiple levels. But let’s start with what he gets at least half right. In reference to forecasting: This specialist task is more concerned with data collection and is [...]

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