04-05-2005, 05:34 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Mr. Whappaaaa</i>
<br />Oh Come on yaar Desert, please stop the copy paste job. My quiries is quite different. you need to see again Para 2 & 3.
ASIF ALI
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Thought to give you all a brief reminder.
<u><b>Existing members of all three bodies will keep their current designatory letters and titles.</b></u>
<u><b>Key sticking points are understood to include having The Institute of Chartered Accountants as the new name for the merged body, increased fees for CIMA members, and an electoral process that was deemed likely to produce an ICAEW-dominated council.</b></u>
<u><b>Roland Kaye, CIMA President, said 'A huge amount of effort has gone into defining the shape of the new Institute. Each organisation has distinct strengths and defined interests, and it is important to get the proposals absolutely right. Our Council concluded that the current proposals did not yet recognise the distinctiveness of CIMA.'</b></u>
<u><b>ACCA president John Brace reacted by calling the talks a 'back-door' merger driven by difficulties the institutes face in recruiting new students.
'It is a reaction to the massively higher growth rate of ACCA, which has doubled in size since 1996 and now has 320,000 members and students around the world,' said Brace.</b></u>
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âLittle minds are tamed and subdued by misfortune; but great minds rise above it.â
<br />Oh Come on yaar Desert, please stop the copy paste job. My quiries is quite different. you need to see again Para 2 & 3.
ASIF ALI
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Thought to give you all a brief reminder.
<u><b>Existing members of all three bodies will keep their current designatory letters and titles.</b></u>
<u><b>Key sticking points are understood to include having The Institute of Chartered Accountants as the new name for the merged body, increased fees for CIMA members, and an electoral process that was deemed likely to produce an ICAEW-dominated council.</b></u>
<u><b>Roland Kaye, CIMA President, said 'A huge amount of effort has gone into defining the shape of the new Institute. Each organisation has distinct strengths and defined interests, and it is important to get the proposals absolutely right. Our Council concluded that the current proposals did not yet recognise the distinctiveness of CIMA.'</b></u>
<u><b>ACCA president John Brace reacted by calling the talks a 'back-door' merger driven by difficulties the institutes face in recruiting new students.
'It is a reaction to the massively higher growth rate of ACCA, which has doubled in size since 1996 and now has 320,000 members and students around the world,' said Brace.</b></u>
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âLittle minds are tamed and subdued by misfortune; but great minds rise above it.â
