A record year for Scottish NQs

The Institute of Chartered Accountants of Scotland (ICAS) is celebrating a record year with the highest number of annual admissions in the institute’s 170-year history.

Nearly 850 chartered accountants joined the profession at its annual Admission Ceremony in mid-April.

Gail Boag, Executive Director of Learning at ICAS said: “This year we have 843 newly qualified CAs and it is fantastic to see record numbers join the profession. The increase in admissions reaffirms the strength of the ICAS CA qualification and its appeal to a new generation of jobseekers and employers alike.

“The CA qualification takes those who achieve it beyond the numbers of accountancy and serves as a passport to the highest levels of business and finance. Testament to that is the fact that ICAS members hold senior positions in 83% of FTSE companies.

“Not only are we seeing record admissions, but we’re also seeing an increasing number of people enter the profession from a wider socio-economic background, thanks in no small part to the work being delivered by the ICAS Foundation.”

The Foundation plays a key role in widening the pipeline of talent by supporting young people through their studies and providing individualised support until they graduate. Since its inception 10 years ago, the Foundation has supported 323 students, with 68% of those progressing on to CA training roles.