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Sharp begins presidency at ICAS

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24th Apr 2007
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Isobel Sharp has begun her new role as president of the Institute of Chartered Accountants of Scotland (ICAS).

Sharp, technical partner at Deloitte & Touche LLP London, officially took up the presidency at the institute's annual general meeting in Edinburgh on Monday. She succeeds Norman Murray, chairman of Cairn Energy.

The new president is supported by senior vice president Glenn Allison, managing director of the Stewart Milne Group, and junior vice president, Douglas Nisbet, a partner at Ernst & Young. Each post lasts for one year.

Speaking at the AGM, Sharp said: "I become president at a time of great success for ICAS. Our CA qualification, rightly regarded as a pre-eminent pathway into the world of business, is in more demand than ever.

"When I qualified as an accountant we had perhaps 100 pages of accounting rules. We now have thousands of pages. What place does professional judgement have amongst this volume of compliance?

"That explains our interest in the promotion of principles. But it is not simply about cutting red tape. It is about ensuring our profession can do its job.

"Professionals must operate in the public interest, offering views and opinions, based on their skills and experience, be they in public practice, working in the private sector or for public benefit entities. I am determined that ICAS shall remain at the forefront of the debate promoting professional judgement over box-ticking."

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By User deleted
03rd May 2007 10:47

ICAS new president
Mr Blaunt Straike,

Your point no. 5 has been realised by forming the Global Accounting Alliance from major IFAC accounting bodies around the world.

Your point no. 6 has just been implemented by offering students in Luxembourg to get qualified as CA outside UK.

The rest of your suggestions is either not a priority or out of context.

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By AnonymousUser
25th Apr 2007 07:49

Warm welcome
It is great to see a new person up in the top level and once there it is also good to post some projects for considerations, don't you all think so?

To begin with ;

1) mergers
2) streamlining the accountancy bodies
3) standardising the syllabus of accountancy bodies
4) helping the non RQBs out of their dilemna
5) forming smart alliances with IFAC bodies
6) establishing and maintain exam centres overseas
7) gaining acceptance of qualifications in overseas markets

I love this paragraph :

"Professionals must operate in the public interest, offering views and opinions, based on their skills and experience, be they in public practice, working in the private sector or for public benefit entities. I am determined that ICAS shall remain at the forefront of the debate promoting professional judgement over box-ticking."

Thank You.

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