Our governance model

The Institute is a strong advocate of high standards of corporate governance. As a result, it strives to adhere to the highest standards in regulating its own affairs and complying with relevant Commonwealth and state laws. The Institute is committed to best practice and was represented on the Australian Stock Exchange Corporate Governance Council (ASXCGC) that developed Corporate Governance Principles and Recommendations with 2010 Amendments.

The Board's role, powers and procedures are clearly stated in the Institute's By-Laws, Board Governance Manual and Code of Conduct.

The Institute has, where appropriate, adopted the corporate governance practices that comply with each of the ten essential Corporate Governance Principles and the corresponding Best Practice Recommendations as published by the ASXCGC, unless otherwise stated.

Members and staff are required to meet high standards of honesty and integrity. There is a code of conduct for directors and committee members and the members' code of conduct is available in the ICAA members' governance manual.

The Institute of Chartered Accountants in Australia Charter and By-laws

The proposed amendments to the Institute's Supplemental Royal Charter and By-laws are now in force, having been approved by the Governor General on 26 May 2009.

Board Governance Manual 2012 and Code of Conduct (PDF) 

The Institute's Supplemental Royal Charter and By-laws (PDF)

Annual Report 2011 - fair and responsible remuneration: directors 

Article last updated 11 May 2012