Liverpool Society of Chartered Accountants


Andrew Ratcliffe takes over as ICAEW President

By Chartered One

ICAEW’s new President for 2015/16, Andrew Ratcliffe, calls on chartered accountants to reclaim the word profession as he starts his year in office.

Mr Andrew Ratcliffe, the new ICAEW President said:

“Gaining the qualification is not an end in itself, but the start of being a professional. That word ‘profession’ has been devalued and we need to reclaim it. The word ‘profession’ derives from concepts of belief, commitment and making a promise, about what we do and how we do it. In our Royal Charter, ICAEW took on the responsibility to act in the public interest and our members embody that by acting in accordance with our code of ethics.”

Mr Ratcliffe entered chartered accountancy after graduating from Cambridge University with a degree in mathematics in 1976. He qualified as a chartered accountant in 1980 and spent his career leading a variety of large international audit engagements in a range of industries.

Andrew is an audit engagement partner with PwC, and was chairman of PwC’s global board from 2001 to 2005. He joined ICAEW’s council in 2005 and was voted in as vice president in June 2013.

Mr Ratcliffe will lead ICAEW until June 2016, when he will hand over to new Deputy President Hilary Lindsay. Baker Tilly partner Nick Parker becomes vice president.