According to a survey carried out by 'Accountancy Age' a precise 44.9% of accountants think that their professional institutes are either 'quite irrelevant'or 'totally irrelevant'.
As the professional accounting bodies are responsible for regulating the members who are also licensed insolvency practitioners this is heartening news. Perhaps it is at last a spin-free and honest assessment of the institutes.
It would be really interesting to know if the accountant IPs as a group are equally dismissive or more dismissive of the institutes that are supposed to regulate their conduct.
Perhaps 'Accountancy Age' could run another survey to test this teasing point. Rounded percentages would be acceptable.
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