INSTITUTE of Public Accountants (IPA) chief executive officer, Andrew Conway, set the scene at today’s opening of the IPA’s annual national congress in Adelaide today.
In his opening address to hundreds of accountant delegates, Prof. Conway made it clear where the IPA sits on many issues but also that of the profession.
“Today, we are focussed on four key factors to drive the profession forward through the decades to come,” Prof Conway said.
“Firstly, voice and a very public voice at that: We openly set discourse across many policy areas; not just for our members’ interests but that for the public interest and very much for the Australian economy.
“Together, the three professional accounting bodies, must have a single message to deliver these outcomes. Australian citizens are facing an advice gap we have not seen before and we must arrest this situation," he said.
“Secondly, we must influence. Government is listening to our collective voices and we need to maintain the momentum to effect change. We must continue to communicate to all stakeholders which importantly includes the 310,000-plus accountants and students who are members of the three bodies," Prof Conway said.
“Thirdly, we must demonstrate leadership within the profession. There is no better time to be an accountant, considering the changing landscape and the challenge that presents. We must provide guidance to accountants through the web of challenges ahead; technology, cyber security, regulatory reform, mental health and many more.
“We look forward to the decade ahead and the evolution of accountants and the profession,” Prof Conway said.
About the Institute of Public Accountants
The IPA, formed in 1923, is one of Australia’s three legally recognised professional accounting bodies. In late 2014, the IPA acquired the Institute of Financial Accountants in the UK and formed the IPA Group, with more than 37,000 members and students in over 80 countries. The IPA Group is the largest SME focused accountancy organisation in the world. The IPA is a member of the International Federation of Accountants, the Accounting Professional and Ethical Standards Board and the Confederation of Asian and Pacific Accountants.