Late September/early October is the political party conference season in the UK - and ACCA is involved in linked events.
In recent years, ACCA has significantly increased its direct engagement with legislators and has a Public Affairs team dedicated to doing this, both in the UK and around the world. As a professional body representing over 120,000 accountants, it is important that our voice is heard in the corridors of power.
The party conferences are a good occasion for doing this. Six months ago, when choosing the theme for our events, we took the decision that the credit crisis would still be topical by September. I think we can conclude we were right! We have put together a policy paper, Climbing Out of the Credit Crunch, which looks at five key areas of the crisis - corporate governance, remuneration and incentives, risk identification and management, accountancy and regulation.
We do not claim that this is the final word on the subject but the paper has been well received as a positive contribution to the debate, and has led to lively discussions with key contributors, including City minister Kitty Ussher, other MPs and senior representatives from banks and regulators.
For diary reasons, ACCA’s director of technical policy and research, Steve Priddy, led our event at the Labour conference while I chaired our session at the Conservative conference. I am convinced that promoting ACCA’s thought leadership in this way can only benefit our members and our brand.
I look forward to giving you a further update on this soon.
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