The submission by Professor Brendan Lyon makes several assertions which are not supported by evidence and CA ANZ stands by its response to the committee. 

CA ANZ strongly refutes the comments made at the Senate Inquiry today (17/07/2023) about CA ANZ and our disciplinary policies and approach.  

CA ANZ is committed to pursuing any violations of the By-Laws or APES 110 Code of Ethics (the Code) in accordance with our Charter without fear or favour. At the same time, it is vital that all investigations, including our independent disciplinary investigations are allowed due process.

Separately, the Professional Conduct Framework Review has provided an important opportunity for CA ANZ and its Members.

We want to take the opportunity to extend our Disciplinary Framework through the recommendations to ensure the powers and sanctions are as wide as possible and that ethics and integrity remain the cornerstone of our profession.

CA ANZ shares members’ and the community’s concerns about the impact of unacceptable conduct.

None of our members would be enjoying the headlines of recent weeks, especially the overwhelming majority who live up to ‘The Charge’ every day and do the right thing. 

There is never an excuse for unethical behaviour.

A copy of the submission CA ANZ made in response to Brendan Lyon’s submission to the Senate Inquiry can be found here (submission 45). Under the heading: Specific Comments on the Submission, see point 39 re Disciplinary Decisions and matters involving the Big 4. 

Points 48 through to 52 address CA ANZ’s role.