Disciplinary Process
ICAS was hesitant to join the Accountancy & Actuarial Discipline Board when it was first set up (as the AIDB), but joined after approval by a special general meeting in October 2004.
The AADB only hears matters considered to be in the public interest. The Institute conducts its own hearings into less substantial allegations. These used to be held in private, but ICAS resolved at a further special meeting in 2009 to follow the example of other bodies such as ICAEW to make the hearings public.
Read more about this topic: Institute Of Chartered Accountants Of Scotland
Famous quotes containing the word process:
“Rules and particular inferences alike are justified by being brought into agreement with each other. A rule is amended if it yields an inference we are unwilling to accept; an inference is rejected if it violates a rule we are unwilling to amend. The process of justification is the delicate one of making mutual adjustments between rules and accepted inferences; and in the agreement achieved lies the only justification needed for either.”
—Nelson Goodman (b. 1906)