Welcoming the profession’s movement towards a position on regulation which he sees as following the association’s line, ACCA president Peter Langard mused: “The origins of this thinking date back to 1994, when ACCA put forward its proposals for a general accounting type arrangement as an alternative to the Bishop proposals on harmonisation of the accountancy bodies.”
Surely he means 1984, not 1994, when Big Brother put forward proposals for dealing with those who stepped out of line. After all, under the consultation paper on regulation, accountants will have independent supervision of each body’s own regulation procedure. A case of not one, but two Big Brothers. Big partners, perhaps.