Accounting for BEC

It is my belief that the accountancy profession will take — and is taking — the opportunity of having a good hard look at the proposed BEC awards before deciding what concessions and exemptions should be granted to would‐be members of the profession. I believe this cautious approach to be entirely justified. BEC has a wonderful opportunity to make a major contribution to the development of business education in a wide field of financial occupations, but I do not believe it will do so unless there are clear differences between the new awards and their predecessors.