17 April 2018

Today an article was published in the Australian Financial Review that contains inaccuracies and we wish to provide you with more detail.

Appointment of Caroline Spencer to WA Auditor General position

Caroline Spencer was appointed to CPA Australia’s Board on 1 October 2017 for a two-year term.

On 14 March 2018, it was announced that Ms Spencer had been appointed as Auditor General for Western Australia.

As part of the appointment process, Ms Spencer wrote to the WA Treasurer on 7 March 2018.

View Ms Spencer’s letter to the WA Treasurer (PDF).

Ms Spencer sets out the steps she would take if appointed to ensure no conflicts of interest during her term serving in the role, and to ensure she would not be in paid employment from any other source, as required by Schedule 1 clause 3 of the Auditor General Act 2006.

Ms Spencer advises she would not receive Director fees from CPA Australia if appointed but rather Director fees would be paid to the Western Australian Office of the Auditor General.

She takes up the role on 28 May 2018.

Appointment of Directors to CPA Australia’s Board

CPA Australia’s new Board was appointed solely by Divisional Councillors directly elected by members.

This followed an open Expression of Interest process advertised to all CPA Australia members and more broadly last year.

Since our appointment your new Board has engaged with thousands of members in hundreds of formal and informal meetings and at CPA Australia events.

We are listening to members and we are delivering positive change in the interests of all members.

Being open and transparent with members remains a core commitment for your new Board. We are working closely with Divisional and Branch Councils and members more broadly to restore the reputation of CPA Australia.

Peter Wilson AM FCPA
President and Chairman
On behalf CPA Australia Board of Directors

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