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ICAA and NZ chartered accountants join forces

Business

In a strategic move to strengthen their position globally, the Institute of Chartered Accountants Australia (ICAA) and the New Zealand Institute of Chartered Accountants (NZICA) have formed a single professional body.

By Michael Masterman 8 minute read

Branded Chartered Accountants Australia and New Zealand, the newly formed body will be headed by former ICAA chief executive Lee White.

Mr White told AccountantsDaily that chartered accountants across the two nations have really embraced the move to form one professional body.

“They could see that the value proposition was going to be enhanced greatly,” he said.

“What has captured the minds and the hearts of our members has been the new organisation being the most relevant service to our members, particularly with the focus on education and leadership and advocacy,” added Mr White.

“The new body will directly benefit members through the robust, responsive and relevant support they’ll receive. This allows our members to continue leading in the ever-evolving business world and deliver a significant positive impact on small and large businesses alike.”

Mr White said a core focus for Chartered Accountants Australia and New Zealand will be to lead debate and thinking around the public and economic policy challenges confronting the accounting profession.

“Chartered Accountants play a critical role as practitioners, advisers and as advocates for business and policy. Drawing on our new collective knowledge, we will be focused on greater influence of national economic policy and regulatory agendas and on international professional and technical standards,” he said.

The new body will use common platforms to generate thought leadership across each nation, according to Mr White.

“What our brand is all about it how do we make sure that New Zealand and Australia formulate good public policy, and in counter argument, not to fall into places which look like over regulation or excessive burden on business,” Mr White said.

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