Date posted: 19/03/2018 2 min read

Victoria regional update March 2018

The March 2018 edition of “Insight”, updating you on recent and upcoming activities in Victoria

In brief

  • Regional Managers report
  • Victorian Discussion Groups
  • Social Media Update

Regional Chair update 

Summer is over, we’re almost at the end of the first quarter of the new year and no doubt many members’ thoughts are turning to planning for the end of the financial year – it’s just over three months away!

Regarding planning, I recently attended a meeting of the Victorian Corporate Advisory Committee, which is a group of members who provide advice and input to CA ANZ management on matters affecting members working in the corporate sector, and I discovered that the Committee members are already planning for their C-Suite lunch event in November this year. The C-Suite lunch is the Committee’s flagship event and has welcomed large attendances and some great panellists over the past few years.

Topics addressed at previous events include cyber security, big data, the future of offshoring and how CFOs tackle innovation. Blockchain and cryptocurrencies is one topic being considered for this year but any ideas for relevant issues facing members in both corporate and professional services would be welcomed.

Regional Council Deputy Chair Paul Meissner FCA and I also recently hosted a round table discussion with chairs of the Public Practitioners, Corporate and Young Chartered Accountants Advisory Panels where we shared the Regional Council’s work program for the year. The Advisory Panels are an important link between CA ANZ and the membership and their role is to ensure that the organisation is aware of issues which are important to members in different segments of the membership. Importantly, at the round table, we all agreed on ways to improve how the Advisory Panels and Regional Council work together to ensure that CA ANZ is working effectively for the benefit of members in Victoria.

Recap of last month's events/activity 

As you would have read in last month’s Insight, the Victorian Regional Council met for the first time this year in mid-February. As usual we had a lively meeting with great contributions from all Councillors. We discussed feedback received from members on issues important to them and committed to providing feedback to CA ANZ management on how they might respond to some of the matters raised.

We also debated whether the current CPD Framework should be reviewed to accommodate the fact that many members work in organisations, both corporates and professional services firms, which have adopted the 70-20-10 model for development of their people. Under this model, 70% of development is on the job training, 20% from interaction with others and 10% from structured training courses. The issue on the table was whether the annual CPD requirements could be partially met by “70-20” components of the development model. Not unexpectedly, views around the Council table were diverse! If you have a view on this matter, we’d love to hear from you – you can pass your thoughts to Duncan Pittard in the Melbourne office.

Charles McNeill, Chair, Victorian Regional Council

Regional Managers Report 

Strategic Review Update

Members will have received the latest communication from Chartered Accountants ANZ CEO Rick Ellis in mid-March 2018.

In this update Rick noted that “we have made considerable progress to deliver on the strategic initiatives our members are seeking. The Board has approved our new strategic direction, and we are now actively working to implement these initiatives.

Underpinning our overarching strategy is how we can increase the value we provide – as your professional body – and improve how our members can engage with each other. In today’s connected world, it’s important we meet your expectations for accessing tools, services and information at any time, from anywhere.”

This includes the creation of a new online community hub for members, which will provide a personalised, relevant and convenient point of access to member services while also facilitating our members’ ability to collaborate and connect on topics of interest.

Another focus has been on reforming the way current and future learners enter and progress within our CA Program. We are developing more flexible pathways for entry to the CA Program while also reviewing the content design and delivery of the program.

To that end, we will be running a series of focus groups around Australia & New Zealand with key stakeholders from all segments of the membership – SMP, Large Firms, Big 4, Corporate, Public Sector and Not-for-Profit as well as including the views of members in regional areas.

Victorian Discussion Groups

The Victorian Discussion Group network provides a way for members with common interests to stay connected and share their views with colleagues from the same technical or geographic areas of interest. In some cases these discussion groups were established in the 1960’s and are still going strong today! For any members interested in finding out more, please contact Elaine Coghlan in the Melbourne office on (03) 9641 7400

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World Congress of Accountants (WCoA) – Sydney – 5th to 8th November 2018

Members may be aware that Chartered Accountants ANZ is co-hosting the World Congress of Accountants with CPA Australia in Sydney from the 5th to the 8th of November 2018. Held every 4 years (the Olympics of Accounting?), the event will attract approximately 6,000 accountants from over 130 countries to Sydney to hear world-class speakers and leaders from the finance and business community.

Read more

Social Media Update

As noted in the February 2018 update, the Victorian Social Media pilot is progressing extremely well with over 1,500 members now participating in the Facebook and LinkedIn “Victorian Members Groups”.

We’re encouraged by the increasing interactions between members in the groups and encourage everyone to keep themselves updated regularly with the discussions.

As we progress we will look to keep you updated regarding Victorian Council activities along with those of the member advisory panels and local activities and events.

If you have any queries, please don’t hesitate to get in touch with me via either group.

More information

More information including registration details can be found here

Send email

As always, please do not hesitate to contact me if you have any issues you would like to raise, and I look forward to seeing you at a Chartered Accountants ANZ function or event in the very near future!

Duncan Pittard
Regional Manager – Victoria & Tasmania

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