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2012 Press releases

Archived content

This page has been archived because it is no longer current information but is still relevant, or it is current but over 12 months old
  • Publish date: 17 June 2014
  • Archived on: 28 September 2013

Press releases issued by ICAEW in 2012.

Developing Accountancy Talents in China

ICAEW, a world leader in the accountancy and finance profession, yesterday celebrated the graduation of newly-qualified ICAEW Chartered Accountants with a ceremony attended by the Vice President & Secretary General of the Chinese Institute of Certified Public Accountants (CICPA).

U-turn on pasty tax

ICAEW has responded to the Government’s reversal of plans to impose a VAT rise on Cornish pasties. This welcome announcement from Chancellor George Osborne's Budget follows a consultation by HMRC on the proposals.

Accountancy and Finance Awards opens

The second Middle East Accountancy & Finance Excellence Awards will take place on 12 December 2012 at Jumeirah Beach Hotel, Dubai, ICAEW, a leader in the accountancy and finance profession, has announced. Nominations are now open and the deadline for entries is 30th August.

Milburn fair access response

Commenting on the publication of Alan Milburn’s report into Fair Access to the Professions, ICAEW Chief Executive Michael Izza, said:

PwC Colombia and ICAEW sign agreements

At the annual PwC IFRS conference in Bogota, Colombia, Gavin Aspden, Director of Qualifications and Carlos Arias, Socio Director Outsourcing/Managing Partner Outsourcing from PwC signed a one year agreement for IFRS for SMEs online assessment in Spanish. A one year agreement was also signed by ICAEW, CIPFA and PwC for the Cert IPSFR online assessment in Spanish.

Banking sector must detox

Rehabilitating the toxic reputation of the financial services sector requires radical changes in both culture and business practices, suggests a new report from ICAEW. While regulation is critical, the sector has to demonstrate responsibility by developing its own solutions to market failures, shifting focus from products and profits to service.

New website explains audit

ICAEW has launched a new website for non-accountants to explain the purpose of audit and the role of auditors. The site – www.trueandfair.org.uk – describes the processes that auditors go through to give their opinion on companies’ financial reports. It also has an interactive section where questions can be posted and answers will be provided.

Double success for accountancy student

Over seventeen hundred finance professionals have taken the final step towards their qualifications for business leadership with the latest round of ICAEW Advanced Stage examinations.

ICAEW on executive pay framework

Michael Izza, chief executive officer of ICAEW, will tell business leaders that they need to be more sensitive to the widening pay gap in the UK, and that executive pay should reward long term success, not failure.

Business Compact Cabinet Office

ICAEW has been congratulated by Deputy Prime Minister, Nick Clegg, today as one of the leading companies in opening their doors to young people from all walks of life.

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