New Pres. For Institute Of Chartered Accountants

For immediate release 16 February 2005

New President For Institute Of Chartered Accountants

The new President of the Institute of Chartered Accountants of New Zealand is Roy Tiffin of Wellington.

His term as President is for one year, from 1 January 2005.

Mr Tiffin has had nearly 40 years’ of private sector and public sector audit experience in England, South Africa and New Zealand.

This included 14 years as Audit Partner with Deloitte in South Africa, five years as an Audit Director with Audit New Zealand and four years as an Audit Partner with KPMG New Zealand.

He now runs his own practice in Wellington, dealing with accounting and governance issues with a particular interest in audit committees.

He was elected to the Institute’s Council in 1998 and to its Executive Board in 2002. He was made a Fellow of the Institute in 2002.

Mr Tiffin is a board member of the National Provident Fund and the Building Research Association of New Zealand, and is a member of the Auckland University of Technology’s Council.

He is also a member of the Institute of Chartered Accountants of England and Wales and was made a Fellow of that body in 1977.

Mr Tiffin says one of his primary objectives for the year will be to build the Institute’s relations with its overseas counterparts.

“In particular, this will include strengthening our close relationship with the Institute of Chartered Accountants in Australia and other member bodies in the Asia-Pacific region,” he said.

One of the most important events on his Presidential calendar for 2005 will occur in November when the Institute hosts the International Federation of Accountants (IFAC) Council meeting in Auckland.

“This is a great honour for the Institute of Chartered Accountants and a wonderful opportunity to showcase the profession in New Zealand.”

Mr Tiffin recently gave a keynote presentation to the 2005 Commonwealth Auditors-General Conference in Wellington, which was attended by 41 Auditors-General.

His presentation noted the increasing challenges facing auditors in both the private and public sectors in the light of new international accounting and auditing standards, together with the increasing incidence of fraud and the complexity of accounting and auditing.

The Institute’s First Vice-President for 2005 is Keith Wedlock of Palmerston North, and its Second Vice-President is Denise Bovaird of Auckland.

The Institute of Chartered Accountants represents nearly 28,000 members in New Zealand and overseas.

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