With the broadening of the areas of interest of our members in corporate reporting and governance related issues, the Financial Reporting and Governance Centre of Excellence assists CPA Australia to identify financial reporting and governance issues which reflect the public interest and impact on all sectors of the membership.
The areas addressed include corporate governance and external reporting and auditing developments within Australia and internationally.
Objectives of the CoE
The CoE will assist CPA Australia to achieve its strategic objectives through:
- thought leadership
- advocacy and representation
- providing or identifying appropriate relationships
Areas of interest
The focus of the Financial Reporting and Governance CoE is on all aspects of matters that are relevant in finance, business and accounting including:
- impact of regulatory and economic factors on business
- impact of regulatory developments, accounting standards, auditing standards, ASX listing requirements, ASIC guidelines and surveillance
- external audit issues
- internal audit issues
- corporate governance issues
Background and experience
Examples of fields from which members may be drawn include:
- CFO of large corporates
- senior management of a public sector entity
- senior management from the auditor general's office
- senior management/partner from a large audit firm
- public practitioner with skillset including governance and external reporting
- SME owner/manager
- lawyers involved in consulting re: governance and external reporting related issues
- staff from AARF/AASB and/or staff from international bodies (as observers as required)
- regulator
- director of large corporation
- academia
Representation
In appointing members to represent the Centre of Excellence we look for a cross section of members from:
- small/micro business
- corporate
- public sector
- public practice
- business advisers and consultants
- academics
- not-for-profit organisations
- regulator
