Giant Octopus

The UK’s top accounting heavyweights are in exploratory talks for a strategic consolidation, but management accountants would still need to get additional qualifications to sign off a company’s balance sheet. The UK’s top accounting heavyweights are in exploratory talks for a strategic consolidation, but management accountants would still need to get additional qualifications to sign off a company’s balance sheet. The proposals aim to bring together the Chartered Institute of Management Accountants (CIMA), the Chartered Institute of Public Finance and Accountancy (CIPFA) and the Institute of Chartered Accountants in England and Wales (ICAEW) to create an organisation with 200,000 members and a significant student base across a wide number of countries.

The new body will unify the business, practice and public sectors and quickly become the authoritative voice across the accountancy profession.

The plans are intended to deliver broader and deeper member services, provide increased influence across industry and Government and ensure the long term future of the profession for the next generation of Chartered Accountants.

Over the next few months the Institutes will be rolling out an extensive nat