Foundation inclusion efforts recognised

By Michael McGlinchey

16 June 2015

A major study notes the efforts of the ICAS Foundation and ICAS in breaking down barriers to the profession for many young people.

The work of the ICAS Foundation in widening access to the accountancy profession has been recognised in a report for the Social Mobility and Child Poverty Commission.

The report examined barriers to accountancy, law and financial services for young people from less privileged backgrounds.

The UK Government-backed commission said many working class young people were still being excluded from top jobs because of background rather than ability.

However, it said there was evidence of an "increasing number of initiatives" to create a level playing field by accountancy, banking and financial services bodies.

In its report, the commission said: "In Scotland, the ICAS Foundation was established in 2013 to provide bursaries, a mentoring scheme and internships for high performing individuals from low income backgrounds to complete accounting and finance university degrees.

"The Foundation currently supports a significant number of students across eight Scottish universities."

The report went on to reference the ICAS school leaver entry programme, which enables school leavers to join ICAS authorised employers. 

Linda Jamieson, Head of the ICAS Foundation, said:  "It is encouraging that the contribution of the ICAS Foundation and ICAS has been noted in this report.

"We are pleased with the progress the foundation has made in the short time it has been in existence and are delighted to announce a number of bursaries have just been awarded for students starting university in September.

"However, we recognise that there is much more to be done if we are to create opportunities for many more of our young people."

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