Massacre at IFA

Massacre at IFA

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Following the massacre at the recent IFA AGM, next in line for the chop is none other than the architect of the AAT takeover Mr Michael O’Brien. I suppose if you play with fire you get burnt. Favourite to take over as chairman of the council in the near future is the highly respected Mr Liddell who has taken an active role in the institute for at least a week.

Why should IFA members be down graded to technician level?

The myth of chartered status has finally been dispelled…six exemptions which have been assessed by the AAT, a body that trains technicians not accountants. Even the IFA journal describes these exemptions as highly selective only available to a small number of members. The IFA talk about putting members on a road to being a chartered accountant…more like a road to nowhere. The whole assessment process is difficult to believe, how have the AAT assessed the new IFA syllabus when it has of yet not even been written.

All those who have dared to stand up to this takeover have now been silenced. Gone but not forgotten Mr Hugh Laing, Mr Paul George, Mr Bob Greenwood and Mr Malcolm Dean. Who is left to defend the interests of the IFA members?

I could describe the current situation in many ways but SELLOUT seems the most appropriate. The IFA Council have totally failed to defend IFA member’s interest and turned the institute into third rate technician body with no future. Well done!

What do IFA, ICAEW and AAT members think?

Accountess

Accountess

Replies (12)

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By User deleted
15th May 2008 11:20

Accountess adds 2 + 2 and comes up with 5
How amusing to see this old post from Accountess which has proved to be so inaccurate.

Accountess thought the next IFA Chairman of Council would be Mr liddell but it was Eric Anstee, a high profile & well respected name in the accountancy profession & former Chief Executive of ICAEW who took the chair in September 2007 when Mr O'brien stepped down.

IFA members to be downgraded to technician level - what a wonderful piece of fantasy but also completely rubbish. The IFA qualification receives 6 exemptions from ICAEW & in a recent leaked document on the ICAEW website it is stated that it sits between the AAT & the CCAB

With so many Chartered bodies in the UK does anyone realistically expect another accountancy body to be awarded chartered status - surely only a fool or someone who has lost touch with reality.

From what I can see surely there are huge benefits for the IFA & its members with so much support from the ICAEW. Apparantly the IFA are in the process of applying for membership of IFAC, I would imagine that the support of ICAEW has been very influencial in assisting with it. Where are the other accountnacy bodies who are not already members of IFAC such as the Association of International Accountants (AIA)???

IFA appears to be moving in the right direction, I did consider membership of AIA before I joined IFA, it looks like I made the right choice.

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By User deleted
15th May 2008 13:27

Frank?
This is so boring. I assume you're not UK based so why post here?

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By User deleted
15th May 2008 13:26

Frank?
This is so boring. I assume your not UK based?

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By AnonymousUser
23rd May 2007 04:00

I heard this, so I tell this for benefit of all
Kumar SUmbattie, IFA got partner by ICAEW after AIA try partner IFA in the offering of direct membership of AIA membership for IFA members gainfully. No exam needed no anything needed, but only pay subscription only.

ICAEW better than AIA like all the sayings and preachings. So drop AIA for good telling member good stories to do that.

Now, we all know already the real issue of sell-out here like you said already. Real Insitute not ICAEW, but AAT in the buying process for the benefit of AAT.

Bye bye AIA, come ICAEW,but AAT turning up already. SO how? Take two to tango already. You know what to dance in the tango showing off now?

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By AnonymousUser
22nd May 2007 04:54

What have I said much earlier, Accountess?
I was DELIGHTED to learn of new blood to come into the IFA and Malcolm Trotter supported me very much!

I later could not learn if new blood came or not.

I commented about the syllabus content of IFA.

I later could not learn if any taskforce was set up to look into this and revamp it wholly.

NOW - AAT supported very well the breadth and width required of a technician in accounting. Look at the toughness of its final accounting paper.

Above all - look at who is who running the AAT. Are the whole lot of governers highly qualified? I bet they are. Their council are wholly professionally qualified.

I can't seem to find out who the examiners of IFA are.

If IFA has acted on its weakness, rectified, improved itself, THERE IS NO REASON FOR TAKEOVER, MERGER or ABSORBED by another, especially now, everyone seem to look at AAT as "junior" to IFA. Is that so, with my clarification above?

The closed-down thread on Qualities of a professional institute - was this well read and understood?

If everyone sees an Institute performing at professional level with world-wide acceptance, do you think your Institute would end up being taken over or absorbed?

Change your image if the takeover failed. People think of IFA as "book-keeprs". Change to one "professional financial accountant" and the world-wide acceptance for it as such level.

Take for instance ACCA. At one time, ACCA was seen as "below ICAEW" level. But look at ACCA's examiners, standards (those qualities found in that closed-down thread), etc. Who would say "ACCA is below ICAEW"? Not me. But the difference is only one of PRESTIGE and only PRESTIGE. Not any "down-grade" or "lower grade" in this context. UNDERSTAND the professional scenarion here.

If CIMA or CIPFA is not up to mark, there would not have been a higher PRESTIGE professional institute wanting to merge with them.

I can only say good luck to IFA members. I hope you don't blew your chance to become an AIA member. This, I guess is your last straw to "vacate" and "escape" from the takeover to become "technician" and when the "takeover" really happened, the whole lot of you have already migrated to AIA and make AIA membership will swell to more than 5,000 and qualify to apply to Privy Council for Charteredship.

Over to you fellas for fast action. Apply for your passport tomigrate to AIA and migrate fast if you can be accepted. I don't know if the door is open or not at this moment.

There is actually NO MASSACRE at all, only an "automatically dug" shallow grave that can become deeper as the soil eroded due to inaction (not apply for passports). Only YOU can do the change for the better of yourself or all.

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By neilglos
21st May 2007 22:00

AAT, IFA, ICAEW et al
"Why should IFA members be down graded to technician level?"

By the IFA's own admission and as evidenced by it's syllabus, the IFA associate qualification is already at the same standard as the AAT. Why do you believe that the IFA associateship is of higer standard than AAT/comparable to CCAB when the IFA itself does not seem to validate such claims.


"...turned the institute into third rate technician body"

Despite the fact that the AAT and ACCA's CAT qualifcation are more widely accepted by employers.


All of this is simply another 'we're better than them' discussion, already done to death by plenty of members of all the other accounting bodies.

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By User deleted
22nd May 2007 04:05

WHY?
I read that when AIA wrote to IFA members to offer them direct membership why on earth IFA members hesitated?

WHat now? Consequences of not accepting that offer of a life time?

Write to AIA to find out if the door is still open and suggest to them to re-open their door if necessary.


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By David160
21st May 2007 17:43

Please explain
I am not a member of the IFA or the AAT and do not understand why there was a massacre at the recent AGM. Could you explain further why there was a massacre and the politics behind it?

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David Winch
By David Winch
21st May 2007 21:56

Change at the IFA

I understand that Lawrie Sanchez quit in order to work full time at Fulham.

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By AnonymousUser
22nd May 2007 13:55

why not think of AIA
i hv been associated with IFA as far back as 1982 its almost 25 years
on every year we expected IFA to do better and get the recognition derserved. heard many talks over the years and now finaly got sold out to AAT. hard to believe, WHY WHY WHY.
there was an offer from AIA that was turned down by IFA why is not AIA better than AAT and IFA members should re-think of this move.
road to chartered thru AAT to ICAEW is going to be a never ending walk to most of IFA members. anyway what is the total membership of IFA 7000? why then AAT which is 100000 strong is interested in IFA.
IFA +AIA shoudl become the next force of accountants for the 21st centuray

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By AnonymousUser
01st Jun 2007 10:25

Bluffing already?
Accountess, no evidence no talk on your story subtances. Because you could bluff. Show you no bluffer in the writing of this story.

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By User deleted
13th Jun 2007 04:20

I begun to wonder or am confused !
Firstly, why no reaction or replies from IFA, AAT or ICAEW officials or rather its own members and students to this massacre.

Secondly, why would IFA not accept AIA's offer of direct membership?

Thirdly, what good to IFA will the AAT/IFA merger do?

Fourtly, if there is IFA/AAT merger going on, why is there no big hoo hoo hah hah reactions among members and students?

Firftly, no one came forward to testify with evidence as to the truth of the massacre or merger to come. Is this a piece of false news to instigate bad emotions and thoughts among members and students of both bodies?

Sixtly, WHO is Accountess? HOW come he knew so much about "news" before hand and published it way before it materialised? Does Accountess exist or is he a fake? If Accountess is not fake, show up like Matthew, S L, Wally N, Peter, Lee, does.


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