On Tuesday 21 February the Liverpool Society of Chartered Accountants (LSCA) will be added to the Freedom Roll of Association and Institutions of the City of Liverpool.
Liverpool’s Lord Mayor, Councillor Frank Prendergast said: “The Liverpool Society of Chartered Accountants has, for 142 years, played a key part in helping support the economic success of the city.
“As Liverpool continues to flourish and thrive it is essential that the LSCA members continue to play a vital and proud part in our city’s history. It is a pleasure to be granting them the Freedom of the City of Liverpool to reward them for their contribution to the financial wellbeing of the city.”
Set up in 1870 by 14 gentlemen engaged in accountancy the Liverpool Society of Chartered Accountants set the standard by which accountant’s world-wide practice today.
An exclusive Society, which made its own rules and invited its own members, it took the first vital step towards formation of the sophisticated, national and now international body – the Institute of Chartered Accountants in England & Wales (ICAEW). At that time Liverpool was at the very peak of its prosperity, and the growing number of merchant enterprises had led to the parallel growth of accountancy firms involved in looking after their finances.
Martyn Best, President of the Liverpool Society of Chartered Accountants, said: “The Liverpool Society of Chartered Accountants is the oldest district society of the Institute of Chartered Accountants in England & Wales and we are deeply honoured to have been awarded the Freedom of the City of Liverpool.
“Today’s world is one of continuing change and challenge where trust, integrity and confidence are seen as crucial factors amongst the business and wider community. The Liverpool Society of Chartered Accountants strives to uphold these values and will continue to play a key role in supporting the business and financial community in our fine city.”
