330:
provided questionable value for money for the services it rendered." In addition to CPA's "over-emphasis on marketing and brand building activities that centred on the former CEO", the review in particular noted the excessive CEO's salary, with its many increases over several years not being justified by organisational growth. On 1 October 2017 an entirely new board took office, headed by Peter Wilson as president and chairman, and on 3 April 2018 a new CEO, Andrew Hunter, was appointed to take over from the interim CEO since Malley's departure, Adam Awty. In
January 2019, following the recommendations of the 2018 AGM, Malley and three previous directors (Penny Egan, former president Richard Petty, and Graeme Wade) were stripped of their Life Memberships by the Board for their involvement in the controversy.
45:
358:
54:
197:
184:
342:
membership or honorary membership for "eminent achievement and service" to CPA Australia and/or the profession. In 2017, CPA Australia disclosed that the organisation had (as of 30 June 2017) 158,311 members, including 119,653 voting members. The membership at this time comprised 106,299 CPAs, 13,154 FCPAs, and 38,838 associate members.
293:
and Malley's autobiography. The scandal surrounding Malley, combined with broader member discontent over executive changes that made the board unaccountable and debts accrued from the establishment of a financial planning arm, led to the resignation of the CPA president Tyrone Carlin in May 2017, and
325:
journalist Colin Kruger noted: "Accountancy is meant to be the profession of sober financial clarity. Not the sort of profession for flashy types, accountants are meant to be the score keepers, not the goal scorers. It makes the lack of accountability, and financial clarity, from the top accounting
341:
Full members of CPA Australia use the designatory letters CPA, while senior members with at least 15 years' experience in finance, accounting or business, as well as leadership and/or management experience in those fields, may become
Fellows and use the letters FCPA. The board may also confer life
329:
In August 2017, it was announced that the remaining board members would resign their positions at the end of the year, to make way for an entirely new board. The subsequent review report released in
September 2017 found that the "chief executive was overpaid, had lost touch with its members and
259:
The current form of CPA Australia dates from 1952, when the
Commonwealth Institute and Federal Institute merged to create the Australian Society of Accountants. In July 1990 the name changed to the Australian Society of Certified Practising Accountants, and in April 2000, the name became CPA
298:
and Kerry Ryan, cited the presence of "board allies of chief executive Alex Malley" refusing to "allow a wide-ranging review of Mr Malley and the organisation" as their main reason. The board resignations had also followed former Future Fund
Chairman and Commonwealth Bank CEO,
318:
Facing a significant swelling of discontent amongst CPA members, in June 2017 it was announced that the CPA board had terminated the contract of Malley, resulting in CPA paying out the remainder of his contract to the sum of A$ 4.9 million. On the developing scandal,
306:
On 15 June, a further three directors resigned due to the expanding scandal surrounding Malley and the remaining board initiated an "independent review" of all claims made against CPA and its CEO, to be chaired by former chief of the
Australian Defence Force,
311:. However, even the decision to create the review came under criticism when it was revealed that Houston had appeared as guest on Malley's TV program and had written a glowing foreword in Malley's book. Houston later resigned his post in favour of former
1310:
458:
289:, came under significant criticism in the media and from CPA members in 2017 for his A$ 1.8 million annual salary and for the significant amounts of CPA funds going towards promoting Malley and his personal interests, such as
842:
1544:
243:, originally founded as the "Incorporated Institute of Accountants" in 1886. As of 31 December 2020, it has 168,736 members in 150 countries and regions. CPA Australia currently has 19 staffed offices across
795:
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300:
772:
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657:
170:
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312:
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31:
577:
295:
703:
1136:
396:
Azure, a Fess enhanced and in base a Pale Argent, over all a representation of the
Southern Cross counterchanged.
158:
1017:
996:
825:
1129:
414:
The T formed by the fess and pale represents a double-sided account, and thus double entry book-keeping.
321:
901:
658:"CPA chief Alex Malley keeps his job but faces 'fiercely independent' review over ongoing controversy"
303:, who resigned his 40-year CPA membership in response to what he saw as poor management within CPA.
102:
17:
1093:
1043:
294:
then to two board members resigning a week later in June 2017. The resigning board members,
972:
487:
796:"CHARTS: How the salary of CPA Australia's chief executive grew faster than membership"
44:
1513:
369:
308:
1121:
513:
126:
357:
1371:
286:
236:
1447:
773:"CPA review finds CEO overpaid and organisation 'out of touch' with members"
248:
244:
240:
122:
110:
106:
633:
Aston, Joe; Tadros, Edmund; Patrick, Aaron; Durkin, Patrick (7 June 2017).
53:
263:
The main predecessor bodies of the
Society, with year of formation, were:
727:"Alex Malley, CPA Australia's 'Naked CEO' who walked off with $ 4.9m"
251:, Malaysia, Singapore, Indonesia, Vietnam, New Zealand and the UK.
1116:
537:
209:
928:"Fiery CPA AGM calls for stripping Alex Malley's life membership"
876:"Alex Malley, former directors stripped of CPA life memberships"
1125:
326:
body in
Australia – CPA Australia – all the more incongruous."
333:
In March 2024, CPA announced Chris
Freeland as their new CEO.
1545:
Member bodies of the International Federation of Accountants
951:"Malley, Petty, Wade, Egan stripped of CPA life membership"
750:"Inside story of Alex Malley's final days at CPA Australia"
681:"CPA terminates contract with chief executive Alex Malley"
635:"Richard Alston quits CPA Australia board over governance"
368:
Granted to the Australian Society of Accountants by the
459:"CPA Australia appoints Directors and Office Bearers"
1481:
1425:
1349:
1273:
1162:
384:
On a Wreath of the colors, five books erect proper.
204:
191:
176:
164:
152:
142:
132:
116:
97:
89:
71:
63:
900:. CPA Australia. 31 January 2019. Archived from
276:Australasian Institute of Cost Accountants, 1920
926:Durkin, Patrick; Tadros, Edmund (22 May 2018).
429:Chartered Accountants Australia and New Zealand
848:. CPA Australia. 23 March 2018. Archived from
1137:
609:"Alex Malley: What a difference a year makes"
273:Association of Accountants of Australia, 1910
8:
1530:Professional associations based in Australia
798:. Business Insider Australia. Archived from
37:
1067:"CPA Australia reveals full member figures"
702:Aston, Joe; Tadros, Edmund (23 June 2017).
267:Incorporated Institute of Accountants, 1886
1144:
1130:
1122:
356:
349:
36:
1535:Business organisations based in Australia
27:Professional accounting body in Australia
602:
600:
598:
450:
439:International Federation of Accountants
434:International Qualification Examination
1092:. Adelaide: Rigby Limited. p. 9.
704:"CPA Australia CEO Alex Malley sacked"
488:"CPA Australia Integrated Report 2020"
350:
270:Federal Institute of Accountants, 1894
628:
626:
7:
771:Letts, Stephen (15 September 2017).
560:CPA Australia Handbook, 1995, p11021
285:The CEO of CPA Australia from 2009,
824:. 28 September 2017. Archived from
843:"CPA Australia Announces New CEO"
25:
1550:Organizations established in 1886
1069:. The Australian Financial Review
953:. The Australian Financial Review
930:. The Australian Financial Review
874:Taurian, Katarina (31 Jan 2019).
794:Pash, Chris (14 September 2017).
408:Mantling of azure doubled argent.
748:Tadros, Edmund (7 August 2017).
196:
195:
183:
182:
154:President and Chair of the Board
52:
43:
1065:Tadros, Edmund (12 July 2017).
1042:. CPA Australia. Archived from
822:"CPA Australia Board Announced"
656:Letts, Stephen (16 June 2017).
576:. CPA Australia. Archived from
233:Certified Practising Accountant
18:Certified Practising Accountant
949:Aston, Joe (30 January 2019).
725:Kruger, Colin (26 June 2017).
607:Aston, Joe (24 January 2018).
571:"CPA Australia logo evolution"
351:Coat of arms of CPA Australia
93:Registered Body (in Australia)
1:
752:. Australian Financial Review
706:. Australian Financial Review
637:. Australian Financial Review
611:. Australian Financial Review
1156:Member Bodies and Associates
679:Hobday, Liz (24 June 2017).
313:Commonwealth Auditor-General
32:Communist Party of Australia
30:Not to be confused with the
729:. The Sydney Morning Herald
200:AUD $ 149.79 million (2020)
187:AUD $ 156.14 million (2020)
58:CPA Australia's head office
1566:
898:"Statement from the Board"
29:
1090:A Roll of Australian Arms
973:"What does CPA stand for"
222:
51:
42:
1018:"Advance to FCPA status"
518:CPA Australia - About us
492:Integrated Annual Report
1520:Accounting in Australia
1180:ICMAI (formerly ICWAI)
1117:CPA Australia's website
542:www.cpaaustralia.com.au
166:Chief Executive Officer
77:; 138 years ago
390:A closed steel helmet.
291:a paid television show
1088:Low, Charles (1971).
993:"About CPA Australia"
802:on September 14, 2017
322:Sydney Morning Herald
235:") is a professional
101:28 Freshwater Place,
1525:Finance in Australia
1040:"Honours and Awards"
281:2017 CEO controversy
1540:Southbank, Victoria
352:
39:
878:. accountantsdaily
144:Official language
75:12 April 1886
1507:
1506:
831:on 29 March 2019.
420:
419:
309:Sir Angus Houston
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16:(Redirected from
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1046:on 11 March 2021
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995:. Archived from
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583:on 20 April 2011
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378:1 September 1958
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1020:. CPA Australia
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905:(Media Release)
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538:"CPA Australia"
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514:"CPA Australia"
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494:. CPA Australia
486:
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468:. CPA Australia
461:
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283:
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208:
179:
167:
159:Dale Pinto FCPA
155:
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35:
28:
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1099:0-85179-149-2
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999:on 2011-05-13
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466:CPA Australia
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38:CPA Australia
33:
19:
1493:
1089:
1083:
1071:. Retrieved
1060:
1048:. Retrieved
1044:the original
1034:
1022:. Retrieved
1012:
1001:. Retrieved
997:the original
987:
976:. Retrieved
967:
955:. Retrieved
944:
932:. Retrieved
921:
909:. Retrieved
902:the original
892:
880:. Retrieved
869:
857:. Retrieved
850:the original
837:
826:the original
816:
804:. Retrieved
800:the original
789:
777:. Retrieved
766:
754:. Retrieved
743:
731:. Retrieved
720:
708:. Retrieved
697:
685:. Retrieved
674:
662:. Retrieved
651:
639:. Retrieved
613:. Retrieved
585:. Retrieved
578:the original
565:
556:
545:. Retrieved
541:
532:
521:. Retrieved
517:
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496:. Retrieved
491:
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470:. Retrieved
465:
453:
340:
332:
328:
320:
317:
305:
301:David Murray
284:
262:
258:
232:
228:
227:
134:Membership
127:Asia-Pacific
98:Headquarters
90:Legal status
64:Abbreviation
1372:CPA Ireland
1073:3 September
1050:4 September
1024:3 September
957:4 September
934:4 September
911:4 September
859:4 September
587:4 September
498:9 September
287:Alex Malley
260:Australia.
1514:Categories
1448:CPA Canada
1367:CA Ireland
1003:2011-05-19
978:2021-04-29
775:. ABC News
683:. ABC News
660:. ABC News
547:2016-04-18
523:2020-10-15
445:References
393:Escutcheon
337:Membership
237:accounting
82:1886-04-12
472:5 October
411:Symbolism
402:Integrity
249:Hong Kong
247:, China,
245:Australia
241:Australia
178:Revenue
123:Australia
111:Australia
107:Melbourne
103:Southbank
72:Formation
1426:Americas
779:21 March
756:21 March
733:21 March
710:21 March
687:21 March
664:21 March
641:21 March
615:21 March
423:See also
239:body in
192:Expenses
1482:Oceania
1438:CMA USA
375:Adopted
255:History
205:Website
148:English
118:Region
80: (
1489:CA ANZ
1350:Europe
1311:ONECCA
1274:Africa
1240:HKICPA
1195:ICMASL
1096:
882:17 Sep
1473:ICATT
1453:CISPA
1433:AICPA
1387:ICAEW
1382:CIPFA
1336:ICPAU
1321:SAIPA
1316:SAICA
1306:ICASL
1291:ICPAK
1281:LICPA
1265:JICPA
1250:PICPA
1235:CICPA
1225:PIPFA
1220:ICPAI
1210:ICMAP
1205:ICMAB
1190:ICASL
846:(PDF)
806:7 May
581:(PDF)
574:(PDF)
462:(PDF)
399:Motto
381:Crest
365:Notes
1468:ICAJ
1463:ICAG
1458:ICAB
1443:BICA
1402:IEKA
1392:ICAS
1377:CIMA
1362:ACCA
1341:ICAZ
1331:OECT
1326:NBAA
1301:ICAN
1296:ICAN
1286:ICAG
1255:IUAA
1245:ISCA
1215:ICAP
1200:ICAB
1185:ICAN
1175:ICAI
1170:IICA
1163:Asia
1153:IFAC
1094:ISBN
1075:2023
1052:2023
1026:2023
959:2023
936:2023
913:2023
884:2020
861:2023
808:2018
781:2018
758:2018
735:2018
712:2018
689:2018
666:2018
643:2018
617:2018
589:2023
500:2021
474:2020
387:Helm
346:Coat
214:.com
125:and
1499:IPA
1417:KWT
1412:OEC
1407:IFA
1397:IDW
1357:AAT
1260:IAI
1230:MIA
216:.au
210:www
67:CPA
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625:^
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