Background

1. Chartered Accountants Australia and New Zealand ABN 50 084 642 571 of 33 Erskine Street, Sydney, NSW 2000 ("CA ANZ") operates Smaller Practices, an initiative designed to enable growth opportunities for CA ANZ members by leveraging innovation and connecting members with future work practices, technologies and markets today ("Smaller Practices").

2. As part of Smaller Practices, CA ANZ is offering the "CA in Residence" program ("Program") which gives Chartered Accountants the opportunity to gain a breadth of innovation exposure by spending 90 days immersed in a start-up community hub of one of CA ANZ's Partners.

Eligibility and application procedure

3. The Program consists of at least 1 Rotation. You can apply to be part of the Program at any time. CA ANZ may, in its absolute discretion, increase the number of Rotations in the Program. Once CA ANZ receives your application CA ANZ will contact you.  You will be invited to participate in a screening call to further discuss the Program and to determine your eligibility to participate in the Program. If you are eligible, CA ANZ will discuss a start date with you.  

4. To be eligible to apply for a Rotation in the Program, an applicant must:

a) be a Chartered Accountant with at least 2 years of experience as a Chartered Accountant; and

b) agree to attend a start-up community hub in Sydney, Melbourne, Perth, Brisbane, Adelaide, Christchurch or (prospectively) Auckland for a minimum of 1 full day per fortnight or half a day per week during a 90 day period to offer Consultation to members of the start-up community,

(each eligible applicant, an "Eligible Applicant").

5. To be considered for a Rotation, Eligible Applicants must submit an application that addresses the applicant's:

a) area of specialisation;

b) past and present engagement with CA ANZ;

c) spirit of curiosity and, proactive collaboration;

d) enthusiasm for the Program and the fintech sector; and

e) willingness to be part of a case study about your story and experience in the start-up community hub,

(collectively, the "Selection Criteria").

6. Applications may be submitted at https://www.charteredaccountantsanz.com/member-services/smp-resource-centre/smaller-practices/ca-in-residence-programme or by emailing Smaller Practices at CA ANZ at the following address:  [email protected].

Selection process

7. CA ANZ will only consider an application if it is submitted by an Eligible Applicant  and which addresses all the Selection Criteria ("Eligible Application").

8. The selection process used to determine successful applicants will be as follows:

a) Stage 1: CA ANZ will assess applications with reference to the Selection Criteria and create a shortlist of Eligible Applicants;

b) Stage 2: CA ANZ will conduct interviews of shortlisted applicants in a manner and at a time to be agreed upon between CA ANZ and each shortlisted applicant;

c) Stage 3: CA ANZ will create a further shortlist of interviewed applicants and invite them to attend a one-day preparation workshop conducted by CA ANZ which will cover business development skills and understanding start-ups and venture capitalist perspectives;

d) Stage 4: shortlisted applicants will be invited to the start-up community hubs in his/her respective city to meet with representatives of the respective Partners.

(each successful applicant, a "Participant").

9. There is intended to be six (6) Participants in the first Rotation. CA ANZ reserves the right to increase or decrease the number of Participants in each Rotation.

Obligations of Participants

10. Participants must:

a) attend the start-up community hub which is the subject of their Rotation for a minimum of 1 full day per fortnight or half a day per week during a 90 day period to offer Consultation to members of the start-up community;

b) comply with the CA ANZ professional regulations and CA ANZ Codes and Standards applicable to you;

c) comply with these Terms and Conditions during the Program;  

d) comply with all reasonable instructions provided by CA ANZ or Partners during the Program;

e) adopt a 'suggestion based approach' and not advocate any particular strategy or decision on any matter; and

f) at all times behave professionally and ethically.

11. Participants must not in connection with the Program:

a) provide accounting services or advice or financial services or advice to any person, company, business, trust or organisation of any description unless the Participant or a principal in the practice which employs the Participant:

i) holds a valid Certificate of Public Practice or Australian Financial Services Licence or such other qualifications or licensing as required to provide the relevant services; and

ii) has entered into separate formal engagement terms with that person, company, business, trust or organisation;

b) offer services that require skills or qualifications that the Participant does not possess;

c) charge fees for any Consultation or for their participation in the Program; and

d) do anything that may bring CA ANZ and/or the program into disrepute.

12. The Participant acknowledges that CA ANZ does not accept any liability in connection with the Program, including any act or omission of a Partner, a start-up community hub or any other person participating in the Program, the provision of any accounting advice or services or any financial advice or services or any separate formal engagement that the Participant enters into.

13. Subject to the approval of the relevant Partner, Participants may run a masterclass on their subject matter expertise instead of providing Consultation for one or more of their rostered days at the start-up community hub.

14. Participants may be requested to:

a) deliver an initial personal introduction either as a presentation or speech;

b) produce an "introduction" and "exit" video;

c) create and share content in the form of stories and thought leadership pieces based on the Participant's experiences in the Rotation; and

d) licence any content and recordings created during or relating to the Rotation to CA ANZ and the Partners for marketing purposes.

Participant Support

15. Participants will have access to support from CA ANZ during their rotation by contacting us at [email protected].

Intellectual Property Rights

16. None of CA ANZ, a Partner, or a Participant assign ownership in any Intellectual Property Rights to any other person under these Terms and Conditions.

17. Nothing in these Terms and Conditions shall be taken as authorising any of CA ANZ, a Partner, or a Participant to deny or derogate from the Moral Rights of any person.

18. The Participant agrees to licence any content (including recordings) produced in relation to the Program to CA ANZ or a Partner upon request for the purposes of promoting the Program.

Complaints

19. For any complaints in connection with the running of this Program, Participants should contact us at [email protected].

20. Complaints about a Participant in connection with the Program made to CA ANZ by any third-party, including a Partner or member of the start-up community, will be dealt with by CA ANZ in accordance with its disciplinary procedures.

Termination and Variation

21. CA ANZ may terminate the Program or a Participant's Rotation at any time and for any reason.

22. The Participant may terminate a Rotation at any time and for any reason.

Privacy

23. CA ANZ collects your personal information in accordance with our Privacy Collection Statement and the CA ANZ Privacy Policy. By submitting your application for the Program or participating in the Program, you agree to the Privacy Collection Statement and CA ANZ’ Privacy Policy. 

General

24. Failure by CA ANZ to enforce any of its rights at any stage does not constitute a waiver of those rights.

25. Subject to clause 26, each applicant and Participant releases CA ANZ (including its officers, employees and agents) from all liability (including negligence) for any personal injury, or any loss or damage (including loss of opportunity), whether direct, indirect, special or consequential, arising in any way out of the Program, including, but not limited to, where arising out of participation in a Rotation.

26. Nothing in these Terms and Conditions is intended to exclude, restrict or modify any consumer rights under the Competition and Consumer Act 2010 (Cth) or the Commerce Act 1986 (NZ) or any other legislation which may not be excluded, restricted or modified by agreement.

27. These Terms and Conditions are governed by the laws of NSW. Applicants submit to the non-exclusive jurisdiction of the courts of NSW.

28. Members’ Liability 

The Participant acknowledges that: 

a) CA ANZ is an Australian registered body corporate which is formed in Australia; and 

b) the members of CA ANZ are not liable for the debts and liabilities of CA ANZ.

Definitions

29. For the purposes of these Terms and Conditions:

a) "Chartered Accountant" means a person who has been admitted to CA ANZ as a chartered accountant in accordance with CA ANZ's By-Laws.

b) " Consultation" includes general consultation, discussions on business strategy, financial mentoring, and exchanges of ideas, but does not include the provision of accounting services or advice, or financial services or advice.

c) "Intellectual Property Rights" means all intellectual property rights in, including but not limited to logos, patents, copyright, registered and unregistered designs, Moral Rights, registered and unregistered trademarks, know-how and the right to have confidential information kept confidential.

d) "Moral Rights" means rights conferred under Part IX of the Copyright Act 1968 (Cth) and any similar or analogous rights which exist or come to exist anywhere in the world.

e) "Partner" means each of:

i) Fishburners Limited ABN 32 152 773 647, Sydney NSW 2000, Australia;

ii) Stone and Chalk Limited ABN 29 603 489 229, Sydney, Melbourne and Adelaide and Goods Shed North, 710 Collins Street, Docklands VIC 3008, Australia; and

iii) Australian Computer Society Incorporated ABN 53 156 305 487 trading as River City Labs, Sydney and Brisbane;

iv. University of Canterbury Centre for Entrepreneurship, Christchurch. 

f) "Rotation" means a 1 month period during which a Chartered Accountant will be provided with a dedicated workspace within a start-up community hub for one (1) day per fortnight to facilitate Consultation with members of the start-up community.

g) "start-up community hub" means a co-working space operated by one of the Partners.