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Don't be 50 and be in practice

19 April 2016

ICAS has got into hot water recently over what is being claimed to be an ageist letter it sent to its members in practice.

The letter headed up “The only constant is change” explain there is a tsunami forming on the horizon, which will hit the UK accountancy professional within the next five years. Auto-enrolment, FRS102, and quarterly reporting will have a profound effect on how practices operate.

The letter then claims that for some these challenges, especially the 58% of practitioners who are over 50, it may all be too much! These members are told: “It may be the impetus to handing on to the next generation”.

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