Inside ICAS: Top talking points from January 2023
Your Office Bearer team review their top talking points from January, including lessons in leadership and stepping up as a leader.
ICAS President Indy Singh Hothi CA joins Deputy President Clive Bellingham CA and Vice President Alison Cornwell CA to highlight some of the key ICAS initiatives and activities discussed during January.
Indy’s top talking point
Good leadership is uniting people and communities through your leadership style.
Indy Singh Hothi CA, ICAS President
"I chaired the first webinar of 2023 on lessons in leadership with Lord Woolley. Lord Woolley spoke about his impactful career in detail, including his time as an Equality and Human Rights Commissioner. In my experience, Lord Woolley is a true leader that absolutely walks the walk and has a special way of uniting people/communities through his leadership style. I had the privilege of attending the OBV Pathways programme which was led by Simon and it has influenced my leadership style immensely.
"Becoming the best leader you can means stepping up and attending events such as these. Surrounding yourself with leaders that inspire you and lead in a way that resonates with you is the first step in igniting change. Events like this should not be missed and are open to our Members, students and the general public.”
To register for upcoming events, visit our events page.
Clive’s top talking point
The needs of our Members shape the future of the profession.
Clive Bellingham CA, ICAS Deputy President
"This month, a Member survey was issued to gain insight on professional development, skills and the career journeys of CAs. This will help ICAS understand the issues affecting our Members and their organisations and to ensure the right services and support are provided.
"With leadership being a key theme this month, ICAS is looking to detail the needs of our membership in order to shape the future of the profession. As an Office Bearer myself, I can say that this role has tremendous positives and has pushed me out of my comfort zone.
"The Office Bearers positions are now open for the 2023-2024 year. Members may now nominate themselves for any of the Office Bearer positions – President, Deputy President and Vice President – and their application will be considered by the Presidential Nominations Committee (PNC), alongside the candidates already identified as being potential Office Bearers, who will then make a recommendation for each position to Council.”
Alison’s top talking point
A good leader breaks down barriers and listens.
Alison Cornwell CA, ICAS Vice President
“Earlier this month, ICAS responded to HMRC’s announcement on updated standards for agents. The response reviews HMRC’s major positions, including the prevention of the use of assignments for income tax repayments. We welcome the announcement of new measures to protect consumers who use tax repayment agents. Preventing the use of these assignments should help to prevent some of the worst abuses identified in the 2022 consultation.
“The response also stated that ICAS is pleased to see the detailed transparency requirements in HMRC’s updated standard. However, it is still unclear whether the registration requirement for repayment agents will be as robust as that for other agents. We need to see the promised further detail on this from HMRC.
“In the January issue of CA magazine, I spoke about the incredible leadership I’ve experienced throughout my career, particularly Bob Iger at Disney. He was the business leader who most inspired me during my ten years there due to his people-first leadership skills. I believe in leading from the front and that’s what Bob does. You can find out more about the inspiration, continual learning and lessons I’ve taken from each of my career chapters in the interview.”
You can read the full response to HMRC’s announcement here. Read my interview on Leading from the Front in the CA magazine.