No training, no future

Article Abstract:

The continued survival of the Institute of Chartered Accountants in England and Wales (ICAEW) depends on success in training future members. This makes it imperative for the organization to implement an education and training system that addresses important issues. One of these is the need to cut training costs while continuing to provide students with quality training. Such a goal can be achieved using various measures, including adopting a more flexible approach to timing examinations, eliminating duplications and finding ways to minimize exam failures. Another issue that needs attention is enhancing the relevance of the knowledge and skills developed by accounting students preparing for the ACA qualification. The ICAEW also has to ensure that the training it provides will prepare accountants for the globalization of business.

Author: Wyman, Peter
Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Professional Organizations, Professional Membership Assns, Professional associations

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Building on the best foundation

Article Abstract:

The Institute of Chartered Accountants in England and Wales is committed to maintaining the high standards of training required for qualification as a chartered accountant. In line with its goal of ensuring the relevance and prestige of the business qualifications accorded to its members, the Institute has issued a consultative paper on Continuing Professional Education. The consultative paper emphasizes the need for individual practitioners and firms alike to promote rigorous training and education standards to help maintain the tradition of professional excellence set by the Institute.

Author: McNeil, Ian R.
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A consultative paper: continuing professional education

Article Abstract:

The Institute of Chartered Accountants in England and Wales has issued a consultative paper on Continuing Professional Education (CPE). The paper outlines the options the Institute may adopt in developing its policy on CPE. The Institute invites comments from its members on the scope of the options detailed in the consultative paper. Members' comments shall be taken into consideration before a final decision on the direction of Institute policy on CPE is reached.

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Subjects list: Institute of Chartered Accountants in England and Wales, Training, Accountants, Standards, Continuing education
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