20th Anniversary of ICMA’s incorporation in Australia

To celebrate the 20^th Anniversary of ICMA’s incorporation in Australia, a symposium in titled ‘The Frontiers of Accounting’ will then be held at the La Trobe University City Campus in Melbourne, Australia. The speakers were leading academics and professionals who were specifically asked to provide their views on specific frontier areas of financial reporting, management accounting, governance and sustainability.

Prof John Miller, ICMA Patron, delivering the Welcome Address

Prof Paul Mather, Head, La Trobe Business School delivering a talk titled “Future of Accounting: Disruption or Opportunity?”

Prof Janek Ratnatunga delivering his talk titled “Financial Statements and Reports in a Digitized World” –

Mr Craig Edwards the Associate Director of Financial Management at KPMG talks of the “Frontiers in Financial Shared Services”.

Prof Nava Subramaniam of RMIT University talks of the “Future of Governance: Strategic Governance”.

Prof Peter Carey the Head of Accounting at Deakin University talks of “The Future of Reporting Practices of Not for Profits and Charities”.

Other speakers were Prof Brendan O’Connell, the President of ICMA who talked on “The Frontiers of Integrated Reporting’ and Dr Leon Duval the Founder President of ICMA, who talked “Management Accounting in the Ambidextrous Firm”.

A Panel Discussion on the Future of Accounting Research was the final part of the presentation with Prof Janek Ratnatunga, CEO ICMA Australia; Prof Brendan O’Connell, President, ICMA Australia; Mr Leon Duval, Emeritus President, ICMA Australia and Prof Michael Tse, Global Chairman, ICMA Australia; as panellists.

The symposium was followed by a VIP dinner at the RACV City Club President’s Room on the Nov 28^th evening to induct outstanding individuals in Australia to the Accounting Hall of Fame^® and the Management Accounting Hall of Fame^®.

The evening started with the conferring of FCMA Membership to Hon Robert Clark MP; one of the very few accountants in the Victorian State Parliament.

From left to right: Prof Janek Ratnatunga, ICMA CEO; Prof John Miller, ICMA Patron; the Hon Robert Clark MP, FCMA; and Prof Michael Tse, Global Chairman, ICMA.

The next formal part of the evening was the induction of high achieving individuals to the

The Management Accounting Hall of Fame^®; which is an award open only to managerial accountants, CFOs, Strategy Analysts etc.

The two individuals inducted who were inducted to the Management Accounting Hall of Fame^®were (1) Mr John Stanhope and (2) Prof Garry Marchant. Their profiles can be found on http://www.accountinghalloffame.org/index.php/global-inductees/australia

Management Accounting Hall of Fame^®.

Mr John Stanhope, FCMA, Chairman Australia Post and Chancellor Deakin University saying a few words after receiving a Management Accounting Hall of Fame®.

Next was the induction of high achieving individuals to the Accounting Hall of Fame^®; which is a general award open to all accountants, CFOs etc., Financial and Managerial.

The two individuals inducted who were inducted to the Accounting Hall of Fame^®were (1) Professor Max Aiken and (2) Mr Richard Mifsud. Their profiles can be found on http://www.accountinghalloffame.org/index.php/global-inductees/australia

Dr. David Gowland receiving an Accounting Hall of Fame® award on behalf of Professor Max Aiken, who was unable to be at the dinner due to ill health. Prof Brendan O’Connell, ICMA President and Mr Bill Dix, ICMA Patron who presented the award are also in the picture.

The individuals were inducted to the Halls of Fame in recognition of their significant contribution to the profession and academia.