Inside ICAS: Top talking points from July 2022
Your Office Bearer team review their top talking points from July, focusing on the foundations of leadership, inspiring through demonstration and supporting the leaders of tomorrow.
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 July.
Indy’s top talking point
…the foundations of good leadership include placing an ethical mind and empathetic heart at the core of all decisions
Indy Singh Hothi CA, ICAS President
“During July, the ICAS Finance+ insight series focused on leadership. The theme is mirrored by the latest edition of the CA Magazine where you might have seen my column in which I discussed how my humanitarian work has shaped my leadership style. I shared these experiences because they’ve informed the way I think and therefore also shaped the decisions I make as a leader.
I believe that the foundations of good leadership include placing an ethical mind and an empathetic heart at the core of all decisions. At ICAS, we want to demonstrate that empathetic leaders elicit higher levels of innovation, productivity, engagement and retention from their employees.”
You can read more on Finance + Leadership here.
Clive’s top talking point
We want to inspire the leaders of tomorrow through demonstration.
Clive Bellingham CA, ICAS Deputy President
“Leading and inspiring your workforce on a relatable level requires constant innovation. That’s why ICAS’ webinars and courses have been designed to facilitate continued professional and personal development for CAs. We want to inspire the leaders of tomorrow through demonstration and ahead of this autumn’s Leadership Coaching Programmes for Aspiring and Executive Leaders, ICAS will be running a free one-hour virtual taster session on the theme of Hybrid Leadership in a Changing World. I’ll be part of the team running the session and will be joined by several leading coaching consultants. The session will explore the various challenges associated with being a leader in the post-pandemic working environment. Hopefully you can join me there.”
Learn more about the taster session and all the upcoming ICAS leadership webinars and courses.
Alison’s top talking point
…dedicated to equipping CA Students with the tools to adapt and progress as the leaders of tomorrow
Alison Cornwell CA, ICAS Vice President
“This month, we marked World Youth Skills Day, acknowledging the importance of teaching, demonstrating and developing the necessary skills of young people. The day’s theme for 2022 was ‘Transforming youth skills for the future’, amid concerted efforts towards socio-economic recovery from the COVID-19 pandemic and other challenges. ICAS is dedicated to equipping CA Students with the tools to adapt and progress as the leaders of tomorrow and our syllabus is regularly updated to ensure that’s the case.
On a related note, earlier this month ICAS joined Rise, an accountancy led social mobility initiative that aims to help young people from low socio-economic backgrounds realise and raise their aspirations, by ensuring they have the skills required to succeed in life and work. With the help of ICAS and the other 15 new partners, Rise hopes to have 6,000 pupils attend 100 workshops in 2022-23.”
Learn more about the work of Rise.
What else has got us talking
HMRC responds to ICAS on service standards: HMRC responded to a joint letter from ICAS and other professional bodies, raising issues with HMRC service levels and the Agent Dedicated Line (ADL) performance.
CAs reflect on their on South Asian Heritage: Acknowledging South Asian Heritage month, ICAS highlighted Rahul Handa CA’s story and how his heritage has influenced his life and shaped his career.
Updates on the UK sanctions regimes: Earlier this month, David Menzies, Director of Practice, provided an update on new legislation that prohibits the provision of accountancy and management consultancy services to Russia under the UK sanctions regime.
ICAS responds to IESBA’s Strategy Survey: ICAS is committed to providing ethical resources and support to Members. In response to IESBA’s Strategy Survey, ICAS agrees that the focus should be on standard-setting concerning sustainability reporting and assurance in the next strategy period.
That’s all for this month’s round-up. Join us again in a few weeks to find out what else has got us talking.