04-11-2005, 03:07 PM
ACCA's decision to go over the heads of the CIMA and CIPFA councils provokes criticism and praise as accountants digest surprise plan for a 'merger of equals'.
ACCA this week took the accountancy world by surprise by launching a direct appeal to members of CIMA and CIPFA to merge with it to create what would be Europe?s largest accountancy body.
ACCA chief executive Anthea Rose said the 14 June mailing to all 120,000 members of the three institutes was the start of a ten-week publicity campaign which would include market research interviews with members of the three institutes.
Rose said the decision to go direct to members over the heads of the CIPFA and CIMA councils was deliberate, although the chief executives of the two bodies were informed in advance. Previous merger attempts had foundered in council wrangles and ACCA wanted to know the authentic views of members before putting its proposal formally to council members.
She said she hoped the proposal would be put to all three institutes? annual meetings next year. It will need Privy Council approval but Rose said the new merged institute could be operational as early as 2000.
<b><b>MERGER ATTEMPTS 1970 </b> An attempt to merge the six bodies into three serving England, Scotland and Ireland failed</b>
<b>1988</b> Joint working party recommended - Institute of Chartered Accountants of Great Britain
<b>1989</b> Talks between English and Scots ICAs failed when Scots voted against
<b>1990</b> Merger discussions between English ICA and CIPFA broke down
<b>1993</b> Bishop proposals to reduce six institutes into three eventually shelved
<b>
1995 </b> Following breakdown of Bishop proposals, English ICA discussed merger with CIMA, aborted after ICA members voted against
what i see is.... "its highly inlikely that any such merger might hapen"
please do comment on this...
regards...
syedhassan...
ACCA
ACCA this week took the accountancy world by surprise by launching a direct appeal to members of CIMA and CIPFA to merge with it to create what would be Europe?s largest accountancy body.
ACCA chief executive Anthea Rose said the 14 June mailing to all 120,000 members of the three institutes was the start of a ten-week publicity campaign which would include market research interviews with members of the three institutes.
Rose said the decision to go direct to members over the heads of the CIPFA and CIMA councils was deliberate, although the chief executives of the two bodies were informed in advance. Previous merger attempts had foundered in council wrangles and ACCA wanted to know the authentic views of members before putting its proposal formally to council members.
She said she hoped the proposal would be put to all three institutes? annual meetings next year. It will need Privy Council approval but Rose said the new merged institute could be operational as early as 2000.
<b><b>MERGER ATTEMPTS 1970 </b> An attempt to merge the six bodies into three serving England, Scotland and Ireland failed</b>
<b>1988</b> Joint working party recommended - Institute of Chartered Accountants of Great Britain
<b>1989</b> Talks between English and Scots ICAs failed when Scots voted against
<b>1990</b> Merger discussions between English ICA and CIPFA broke down
<b>1993</b> Bishop proposals to reduce six institutes into three eventually shelved
<b>
1995 </b> Following breakdown of Bishop proposals, English ICA discussed merger with CIMA, aborted after ICA members voted against
what i see is.... "its highly inlikely that any such merger might hapen"
please do comment on this...
regards...
syedhassan...
ACCA
