Governance and financial report

Sarah Song CPA
Financial Accountant, CPA Australia

The Board of Directors is the overarching governing body for CPA Australia and is responsible for strategy development, independently and objectively assessing the organisation’s decisions and overseeing the performance and activities of management under the approved strategy.

The principal activities of the Group during the financial year remain unchanged and were as an association representing financial, accounting and business advisory professionals: providing high standards of professional entry and continuing education, stimulating informed debate on issues within the areas of professional competence, setting and maintaining the highest professional and technical standards and promoting the role of its members for the benefit of the community.

In 2024, CPA Australia continued to generate a reasonable operating surplus that enables the investment in key initiatives that support the organisational strategy. The organisation invested in strategic initiatives that included:

• commencement of the Learning Evolution Program
• commencement of the member mobile app
• the "CPA – Three Letters to Limitless" campaign to support the organisational strategy
• cyber security program enhancement.

In addition to this investment in strategic initiatives, we continued to support members with access to complimentary professional development and hardship membership discounts. CPA Australia also continued to enhance thought leadership and advocacy for members and the public interest.