Home' Charter : 1111 Charter Contents 6 Charter I November 2011
CEO's note >
This month’s winning letter writer
receives a 12-month subscription
to Quickbooks Hosted (Premium) for
Mac, Android, PC and iPad valued
at $415 from Reckon Ltd as well
as a copy of The Big Book of Small
Business by Andrew Griffths (Allen
& Unwin, RRP $35). Congratulations
this month go to Lorraine Hegyi CA.
Send your letter with contact details to
or Charter at GPO Box 9985,
Sydney, NSW 2011.
Letters may be edited.
Letter of the Month
Just recently, Ernst & Young launched
a campaign called I Accountants. It
aims to break down the stereotypes about
accountants and celebrate the diverse,
creative and inspiring bunch of people
that make up this wonderful profession.
I’m consistently impressed by the positive
contribution that Chartered Accountants
make to society. It deserves to be
In this edition of Charter magazine,
we talk to Chartered Accountants who
are dedicated to making a difference.
Our cover story (page 28) explores how
business can play its part in closing
the gap between Indigenous and non-
Indigenous Australians. This includes a
look at how Chartered Accountants are
helping to drive positive change, through
a number of initiatives.
In Adelaide, two young Chartered
Accountants are giving their skills to the
local Indigenous community, by travelling
to Cape York Indigenous businesses and
assisting them in planning for the future.
KPMG’s Emma Cavaggion CA and Rachel
George CA speak to Charter about
their outback mission as part of KPMG’s
Corporate Citizenship program, and what
compels them to do it (page 42).
Meanwhile, in our lead story (page 32),
we meet the Chartered Accountants who
have sought to make a difference to society
by securing political offce. Their stories
underline the unique qualities that people of
their skills and background can offer.
Chartered Accountants have a positive
infuence beyond government of course.
Take Australia’s courts of law, for example.
In this edition of Charter, we hear from Brett
Young CA (page 50) who is a barrister at
Selborne Chambers in Sydney. He provides
an insight into different types of tax dispute
and the stages they typically go through.
We also talk to Owain Stone FCA
(page 24) who, as a forensic accountant,
often fnds himself in the witness box.
He reveals some of the hidden pitfalls for
accountants, if they are asked to investigate
potential wrongdoing in a business.
Let’s not forget that making a difference
can also be done on a micro-level too.
Our profile interview with Lauren
Moule CA (page 46) demonstrates that
perfectly. She juggles her work in public
practice with coaching adults and young
people to play music. It’s clear that she
finds both very rewarding.
This edition of Charter is also a great
example of how Chartered Accountants are
‘giving back’ to their own profession. We’re
very fortunate to have so many members
willing to share ideas, guidance and tips in
these pages. Martin Morrow FCA refects
on what to do in the changing regulatory
landscape for executive pay (page 56),
Clare Grayston CA reviews a new standard
that helps address the audit expectation
gap (page 54) and Avron Newstadt CA is
one of the experts who explains how to
pursue cost savings in preparation for a
carbon tax (page 44). Matthew Tol FCA also
has some advice for public practitioners:
ditch your timesheets! He talks about why
and how on page 22.
In next month’s edition, we’ll be looking
at more ways that Chartered Accountants
are making a difference to society. If you’ve
seen this happening, drop us a line at
A DIFFERENT VALUE SYSTEM
In response to Tony Malkovic’s article
about women on Australian boards
(Charter, August 2011) he doesn’t seem
to consider the option that perhaps such
roles do not have a lot of appeal to many
women, or that their competing priorities
mean it is not important enough for them
to make the time for such activities. As
a Chartered Accountant with 35 years’
experience, I can honestly say that, having
viewed the world of corporate boards from
very close quarters, I have never aspired to
be part of it. I don’t like the way the game
is played – simple as that.
Another infuencing factor for some is that
even today, no matter how well qualifed
they are, women still tend to be the primary
care givers in our society. Often, young
women are balancing their careers with
child care, whilst older women sometimes
decide that caring for an ageing parent
reinforces their sense of self-worth, more
than corporate politics. So a different value
system applies. Quotas are not the answer.
Lorraine Hegyi CA, Bilambil, NSW
Links Archive 1011 Charter 1211 Charter Navigation Previous Page Next Page