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AAT enjoying its freedom

27 March 2018

It has nearly been a year, but the AAT is growing from strength-to-strength after dropping its chartered sponsoring bodies.
At the 2017 AGM AAT members decided the time sideline its sponsoring bodies – CIMA, CIPFA, the ICAEW and ICAS. These bodies were key in the foundation of the AAT over 36 years ago. They also ‘supplied’ many president’s and council members.

AAT Council told members going it alone would reflect its position as a full member of IFAC, and took account of the changing landscape among the professional bodies in the sector. Members agreed and voted for ‘freedom’!

AAT’s Andrew Williamson explains: “The relationship with the chartered accountancy bodies has evolved over the years.” He also stressed AAT recognised that increasing competitive conflicts and the AAT’s own strong status no longer warranted their [the sponsoring bodies] mandatory representation among AAT’s trustees.

Williamson pointed out that the AAT continues to have a strong relationship with each of the bodies.

An ICAEW spokeswoman told PQ: “Due to the growth and success of AAT, we understand that AAT no longer felt that it needs the support of the funding members. Both ICAEW and AAT continue to work together and to develop the strong relationship that exists between the two bodies.”

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