new tripartite agreement to transform support for public sector accountants

15-03-2011

Building on their recent collaboration agreement, the Institute of Chartered Accountants in Australia (ICAA) and the New Zealand Institute of Chartered Accountants (NZICA) have signed a tripartite agreement with the UK based Chartered Institute of Public Finance and Accountancy (CIPFA) to transform support for public sector accountants in the Asia-Pacific region.

This agreement will be officially launched at CIPFA first international Trust and accountability in public financial management, which is taking place at the QE II Centre, Westminster, from 15 – 17 March 2011. Journalists invited to attend the launch which will feature speeches by Ian Ball, Chief Executive of IFAC, Graham Meyer, CEO of the ICAA and Steve Freer, Chief Executive of CIPFA.

Terry McLaughlin, NZICA Chief Executive, sees the outcomes of this agreement as a practical way that NZICA can further support the public sector.

“We recognise CIPFA’s expertise and track record in supporting chartered accountants working in the public sector. We’re keen to leverage this expertise and pass it on to our own members working in this professional space,” Mr McLaughlin says.

“This collaboration is very timely given the Government’s focus on reducing debt and expenditure post the global financial crisis.”

Graham Meyer, Chief Executive Officer, ICAA sees the tripartite agreement as a way to further strengthen its public sector offering.

“Today’s public sector operating environment provides some particularly unique challenges and opportunities.

“CIPFA has a long track record as well as expertise in supporting accountants working in the public sector. We are looking forward to working together, alongside NZICA, to optimise this expertise and experience for the benefit of our members.

“The collaboration will allow all institutes to enhance the services they offer to accountants working in the public services in the Asia-Pacific region”, Mr Meyer says.

The three Institutes will adapt and jointly promote development opportunities including continuing professional development courses for senior financial staff in the public sector and those providing services to the public sector. Additional public sector learning modules, already in use by CIPFA, will be tailored and developed for use by ICAA and NZICA.

Steve Freer, CIPFA’s Chief Executive, says “CIPFA’s focus is exclusively on the public services. We are delighted to have the opportunity to work with the ICAA and NZICA to help advance strong public financial management and governance in the Asia-Pacific region”.

In September NZICA and ICAA announced a collaboration to work together on a number of key projects. In relation to this specific initiative with CIPFA, the two institutes will do this under the name Chartered Accountants Australia New Zealand (CAANZ).

This tripartite agreement with CIPFA further strengthens the CAANZ collaboration by allowing both institutes to offer more services for chartered accountants in the region.

Ends

Contacts
Helen Mexted
New Zealand Institute of Chartered Accountants
+64 4 474 7840/+64 21 711085

Helen Black
Institute of Chartered Accountants in Australia
+61 2 9290 5503/+61 423 887089

Chloe Forbes
Chartered Institute of Public Finance and Accountancy
+44 020 7543 5712

1. About the New Zealand Institute of Chartered Accountants (www.nzica.com)
NZICA represents more than 32,000 members in New Zealand and over 90 other countries. It acts in the public interest through regulating the profession, developing financial reporting standards and promoting quality, integrity and expertise. Our members hold one of three prestigious professional accountancy designations: Chartered Accountant (CA), Associate Chartered Accountant (ACA) or Accounting Technician (AT).

2. About the Institute of Chartered Accountants in Australia (www.charteredaccountants.com.au)
The Institute of Chartered Accountants in Australia is the professional body representing Chartered Accountants in Australia. Our reach extends to more than 66,000 of today’s and tomorrow’s business leaders, representing more than 54,000 Chartered Accountants and 12,000 of Australia’s best accounting graduates currently enrolled in our world-class Chartered Accountants postgraduate program.

3. About the Chartered Institute of Public Finance and Accountancy (www.cipfa.org.uk)

CIPFA - the Chartered Institute of Public Finance and Accountancy - is the professional body for people in public finance. Based in the UK, our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA shows the way in public finance by standing up for sound public financial management and good governance.

4. Trust and accountability in public financial managementbrings together senior figures in public financial management from around the world, including auditors and accountants general, civil servants, policy makers, government finance professionals, representatives of non-governmental organisations, and politicians. The conference takes place on at the QE II Centre, Westminster, from 15 – 17 March 2011.Journalists are welcome to attend.

The signing of the Memorandum of Understanding between CIPFA, Institute of Chartered Accountants in Australia (ICAA) and New Zealand Institute of Chartered Accountants (NZICA) will take place on Thursday 17 March 2011 at 12.35. Speakers include Ian Ball, Chief Executive of IFAC, Graham Meyer, CEO of the ICAA and Steve Freer, Chief Executive of CIPFA

To attend please, contact CIPFA Press Officer, Chloe Forbes on 078 1857 0775

Conference speakers include:

  • Amyas Morse, Comptroller and Auditor General, NAO
  • David Walker, former US Comptroller General, now a campaigner for fiscal responsibility and founder of the Comeback America Initiative (CAI)
  • Eugenio Caperchione, Chair of the Comparative International Governmental Accounting Research network (CIGAR)
  • Ian Ball, Chief Executive of the International Federation of Accountants (IFAC)
  • Matt Andrews, Assistant Professor of Public Policy at the Harvard John F. Kennedy School of Government
  • Anthony Hegarty, Chief Financial Management Officer at the World Bank
  • Paul Druckman, Co-Chair of International Integrated Reporting Committee and Chairman of The Prince's Accounting for Sustainability Project.
  • Ioannis Sarmas, Member of the European Court of Auditors
  • DIFD Minister, Alan Duncan MP
  • Economic Secretary, Justine Greening MP from HM Treasury