Accountants receiving no recognition – CIMA boss
Coghlan to make case for better acclaim for UK accountants
Coghlan to make case for better acclaim for UK accountants
John Coghlan, the president of the Chartered Institute of Management
Accountants (CIMA) has told a city
audience of business leaders and representatives of government, that accountants
contribution to the UK economy receives very little public or government
acclaim.
This, according to Coghlan, is despite the fact that ‘the six UK chartered
accountancy bodies lead the world in the training and qualification of their
250,000 UK members, at no cost to the state’.
Speaking
at the eighty-sixth annual CIMA president dinner held in London, he said:
‘CIMA is one of six chartered accounting bodies in the UK. Together we have
250,000 members working here in the UK, in business, in the public sector and in
practice.
‘These members have been trained at no cost to the State. Their standards of
competence and ethics are second to none in the world, in fact we probably lead
the world. Their positive contribution to the overall economy of UK plc is
immeasurable and yet, in general, they and their institutes receive very little
public or government acclaim for the contribution they make,’ he added.
The numbers you crunch tell a story. Your expertis...
20yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleMost UK firms are still treating MTD for Income Tax as a compliance project. At our recent Leading Voice Broadcast, Ryan Diplexcito of Johnston Carmic...
View articleAnalysis of the ACCA Annual Sustainability Conference (Earth Day 2026) Read More...
View articleAs the "2026 Reporting Cliff" approaches, the UK accounting profession faces a dual crisis of regulatory upheaval and technological displacement. From...
View articleThe "quiet" period for UK accountants is officially over. As 2026 begins, the profession faces a perfect storm of regulatory mandates from the balance...
View articleThe mandatory FRS 102 changes effective from 2026 will drag most operating leases onto the balance sheet, fundamentally altering key financial ratios ...
View articleThe FCA's inquiry into WH Smith's significant accounting error over revenue recognition is a wake-up call for all UK finance leaders. This analysis ex...
View articleSupplier Finance Arrangements (SFA), including reverse factoring and similar structures, have become an integral part of modern working capital manage...
View articleAs accountants face rising client demands, regulatory pressures, and a persistent skills shortage, technology is becoming the key enabler for growth. ...
View article