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Accountants to vote on Trans-Tasman institute

8 August 2013

Accountants to vote on Trans-Tasman institute

An historic vote on the proposal to join the New Zealand and Australian Chartered Accountant professional bodies into One New Institute is to take place in October this year.

The vote will be held from 1 October through to 1 November providing members with one month to vote on the proposal. Results will be announced in November.

The Institute of Chartered Accountants Australia (ICAA) and New Zealand Institute of Chartered Accountants (NZICA) today announced that their Boards and the NZICA Council had unanimously agreed to go ahead with a full member vote based on three months of consultation with members on both sides of the Tasman.

“The feedback from our members has indicated widespread support for going to vote on the proposal to form a New Institute. As a result, and following further work, we are unanimous in our decision to put it to a member vote,” says NZICA Board Chair Graham Crombie FCA.

“It is an exciting and historic vote that potentially consolidates our successful trans-Tasman collaboration into one stronger body with the capacity to deliver more to members, the businesses they serve and our economies as a whole.”

ICAA President Tim Gullifer FCA says the timing for the establishment of a New Institute is right.

“In a global environment we need to stay ahead and the One New Institute would give us the scale and strength we need; a larger more sustainable body with increased policy formulation and advocacy capability as well as greater global influence.”

If the member vote is in support of the proposed New Institute, implementation is expected to begin in 2014.

ENDS

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