When Council met in London on
July 18 and 19, the future of the profession was high on the agenda, and
discussions ranged from issues related to education and qualifications
to the profiles of the Association and the Institute in the UK and
Arrangements are being made to
raise awarenesses of members and their qualifications through a campaign
involving regional newspapers and the website www.accountancy.com.
Ian Irwin was re-elected as
Chairman of Council for the IAB and IFC, while Bob Greenwood was elected
as Vice Chairman. Council members were also elected to handle the
disciplinary, appeals and investigatory committees.
Among the departmental
presentations, the Education Department reported on the success of the
IFA Diploma in International Accounting Standards. Two courses have now
been completed, one in China (see above] and one in Latvia, and two
other centres will be opening shortly in Latvia and Moscow. A Diploma in
Financial English is in the early stages of development, and is being
investigated as a possible additional qualification to be offered
initially in Eastern Europe.
The Membership Department has
seen a rise in complaints against members over the past quarter. So, the
next issue of Financial Accountant will include advice and guidelines on
how to avoid possible problems with clients.