Thursday, January 15, 2009

ACCA reform measures just a 'gimmick'


ACCA's new measures to improve its accountability and transparency are nothing more than a 'gimmick' says longstanding critic Prem Sikka

ACCA’s new governance structure has not improved its accountability or transparency, according to a longstanding critic.

ACCA member and University of Essex professor of accounting Prem Sikka said the institute’s measures, which include independent lay appointees to oversee its governance, were ‘nothing more than a gimmick’.

‘The [lay appointees] are handpicked and not independent, so they don’t increase the accountability of ACCA’s officers,’ said Sikka.

See full Article.