ACCA COUNCIL MEMBERS WANT CHANGE
ACCA council members are not exactly known for strategic thinking or
planning for the future. But there is a glimmer of hope. AABA has been contacted
by some ACCA Council members so that there concerns can be aired here. They
are unable to express their views freely in the official rag or at council
Council members members feel that senior management is too powerful and that
it rather than the council is making all important strategic decisions. They
are particularly concerned about the failure of replace the current chief
executive. Previously a replacement had been recruited but he then refused
to join ACCA.
The results of the emasculation
of the ACCA council are too obvious. No clout in the UK or anywhere
else, booted out of the IFAC representation, no recognition of ACCA qualification
in major western countries, exploitation of students, no elections for the
leadership, not much meaningful information for members (e.g. the number
of members in each country, internet chat room) loss-making magazine (useless
as well), the rate pf increase in the UK membership has dipped, huge expansion
of bureaucrats, massive salary increases and perks for the chief executive
and other directors, paying 28% of the UK regulatory costs and no democracy.
The current (unelected by members) President Jonathan Beckerlegge should
be grasping the nettle, but he has been there too long. He does not have
the mettle to challenge the centralisation of power or introduce deep erreforms.
Most council members owe their 'appointment' to council to a senior cadre
which under the proxy vote arrangements decides who gets to sit on the council.
So how long before the ACCA begins to break-up?