 Dr Christopher Caton
Chief Economist BT Financial Group
Where are we going? The West vs the rest?
The next Business Breakfast in the 2006 Series will take place on Tuesday, 1 August. Dr Christopher Caton will provide an economic update for Western Australia.
More information and registration
Registrations close Friday 21 July
and space is limited, so we advise you to book early.
 This event is proudly sponsored by
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Bruce Riley FCA
22.12.1947 - 7.6.2006
Not your average Accountant; He was a special bloke as well.
 Former State Chairman 1992/93 Bruce Riley will be remembered by many for his wonderful, often politically incorrect, sense of humour. With a twinkle in his eye, and looking out from under a fringe which usually needed a trim, he was a great raconteur, full of dry wit and funny stories, which left his audience doubled up with laughter.
He was a true professional, passionate about The Institute,and someone who was prepared to give back to the community. Lloyd Stewart, former State Director, said “Bruce was a prodigious worker. He would regularly return to his office after a few hours sleep and, before the days of email, it was not unusual to receive a fax from him with the time of 4am on it ! Bruce will be remembered with great affection by many clients and colleagues as someone who touched their lives in a positive way.”
He was also a great contributor to The Institute. He served as Chairman or member on a variety of committees including Small Practices, Small Business and Council. He was a particularly strong advocate within The Institute for small practitioners. Scrutinizing Institute activities and measuring them against his own benchmark he would often say “If we are not helping our members to be successful and make money, why are we doing it?”
Bruce became a member of The Institute in 1974, and worked with Price Waterhouse and later as a partner in Barry, Chester and Hick (now Bentley's). After many years in practice, it was his abiding interest in technology that led him to work for many years in Asia. The incredible growth that has occurred in the IT sector shows that in many ways Bruce was ahead of his time.
Judi Halliday, former Professional Development Manager wrote, "More than Institute folklore, it’s the legendary stories that will keep Bruce’s spirit alive in the accounting profession he was so proud of. In the 80’s when Bruce was part of the 'old boys’ footy team participating in The Institute carnival he was just about to come off the bench and was pumped up for a big game when before he had a chance to put a foot on the oval he tore a calf muscle......and spent the next fews weeks on crutches!"
Bruce was extremely proud of his daughters Lisa and Angela, and young son Ryan. He passed away peacefully on 7 June, having been diagnosed with cancer a year or so earlier. He was a young 58. Bruce caught up with many old friends in his last few weeks, when we had a chance to be reminded of his spirituality, gentleness, and that infamous sense of humour. He is survived by his wife Lusi, children Lisa, Angela and Ryan, and fomer wife Cheryl.
Editor's Note: Thanks to Anne Tregonning, Council Chairman 1997/98, for this account of Bruce Riley's life.
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Our editor Erin caught up with Gary Walton on being a Chartered Accountant
A Chartered Accountant since 1983 Gary completed his PY whilst working for Arthur Young, during this time he had secondments in both Canada and New Zealand. Upon leaving the public practice environment, Gary worked in listed companies as CFO/COO in the biotechnology and healthcare industries. He also did his own corporate consulting for approximately four years. Deciding to take a new direction, Gary joined the Fremantle Football Club in 2002 as part of a new senior management team with the mandate to achieve best practice in all areas of the Club's off field activities.
Gary, why did you choose to become a Chartered Accountant?
I can remember wanting to be a bank teller when I was about 5 years old, so I guess the accountant thing has always been in me. When I went through University, it was obvious the Chartered Accountant qualification was the highest and hardest to achieve and offered the chance to get the best training and experience.
What has been the highlight of your career so far?
There have probably been three highlights – the day the biotechnology company I worked at for nearly 11 years reached a market cap of A$1 billion; doing my own corporate consulting; and playing a part in ensuring that Fremantle Football Club not only continued in the AFL competition but was a solid contributor to football in WA.
Do you like to set yourself career and personal goals to keep yourself motivated?
I have constantly worked in development industries or situations that were in start up mode or required turn around. The motivation has been to ensure doing the job properly which resulted in a positive outcome.
Have you had any particular mentor in your career or had any advice that has stuck in your mind?
I have worked with some terrific CEO’s who have been risk takers and very creative, but follow a well thought out plan. These include Glen Travers, Dr Garry Garside and in more recent times, Cameron Schwab. My style has always been complementary to their styles. From an accounting viewpoint, Frank Cooper and Mel Ashton have been invaluable in their ability to see the bigger picture.
What advice would you give to a young accounting graduate today?
Do your Chartered Accountant program and get the best training possible. Be loyal and honest to the people that help you and more often than not you will be rewarded by those people in many different ways.
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Communicate with your Western Australia General Manager
 WA Council – Your Representatives
The Council is the representative body of Chartered Accountants in WA and as such is the peak body for members in the state. Councillors are elected by the members to serve their interests.
The principal roles of the WA Council are to provide advice to the Institute’s National board on strategic policy and member issues, including acting as a link between the board and members in WA, assisting in public profiling and liaison with the State Government and carrying out such functions as may be delegated to Council by the board. The WA Council has nine elected members. Elections are held annually for one-third of the Council’s positions, and all members are encouraged to consider standing for Council during the course of their professional career.
The WA Council holds 11 meetings each year, and for many years these have been hosted in external venues. Council has adopted this approach to better understand the WA business community and to foster closer ties with members’ professional firms, along with the corporate and public sectors and the chartered accountants that work within them.
Council meetings were held at the following venues during;
2005/06 - RSM Bird Cameron
- Deloitte
- BDO
- AMD (Bunbury)
- Government Employees Superannuation Board
- PricewaterhouseCoopers
- West Australian Newspapers
- WA Football Commission
- Bentleys MRI
- Gooding Pervan
All members are encouraged to consider hosting a council meeting at their organization and any expressions of interest can be discussed with myself.
Throughout 2005 and 2006 the Institute, in conjunction with Council, has held a number of member contact events to provide chartered accountants with the opportunity to meet Council members, and raise any issues or concerns they may have. The Council has also participated in a series of “Meet the Council” events aimed at raising the Institute’s profile with a range of industry, professional and government organisations.
Events
2005
14 June– ’Meet the Council’ with the Securities Institute of Australia
28 September – Council meets Mid-tier Partners
5 October – Council hosted a presentation by Richard Cockburn (ASIC Special Counsel) for auditors on the ‘Whistle-Blowing’ provisions
15 November – Council meets with Insolvency Practitioners
2006
14 March – ‘Meet the Council’ with the Office of the Auditor General and chartered accountants in audit
5 April – WA Council meets the Young Chartered Accountants committee
19 July – WA Council meets Women Chartered Accountants
Council Contact List
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WA Council Elections
Chartered Accountants are invited to nominate for the WA Council of the Institute. One third of the WA council retire by rotation each year.
Nominations must be lodged with the WA General Manager by noon on Thursday 31 August 2006.
Download Nomination forms
Contact: Fran Ooi 9420 0412 or email fran@icaa.org.au
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Chartered Accountants Program, Completion & Awards Celebration
On 25 May recent graduates of the Chartered Accountants Program and module award recipients attended an event to acknowledge their achievements.
Program graduates attain the Graduate Diploma (ICAA) and pending three years in approved service, are eligible for membership. Candidates in the top 5% of module results nationally are awarded a Pass with Merit. The candidate within each region, with the highest module mark is named Candidate of the Module.
Guests of the graduates and award recipients included family and friends and were also joined by firm coordinators, focus session leaders, Regional Councillors and Institute staff at the University Club.
Special thanks to the Insititue’s General Manager, Con Abbott and National Board member Derek Parkin for chairing the evening and to focus session leaders: Iggy Moro, John Palermo, Ann Goode and Inderpal Singh for presenting the awards.
Congratulations to the following graduates on completing their Chartered Accountants Program:
2005 CA Integrative (2) Graduates
2005 CA Integrative (3) Graduates
Congratulations also to the following recipients on their outstanding achievement in a module:
2005 CA Foundations (2)
Miriam Chodakowsky
Samantha Duddy
Candice Duncan
Catherine Dunn
Hayley Evans
Kim Hornibrook
Bau Huynh
 Min Ji Kim
Tim Malloch
Sharon Pearce
Anita Podmore, Candidate of the Module
Barry Roff
Rio Rohwedder
2005 Taxation & Financial Reporting
David Binns, Candidate of the Module
Blake Carter
Daniel Clarke
Samuel Daly
Peter Gilford
Felix Hudson
Ollie Marion
Kara Saunders
2005 Strategic Business Management
Bronwen Coole
Felix Hudson, Candidate of the Module
Roslyn O'Halloran
Ben Reynolds
Matthew Smith
2005 CA Integrative (3)
Alex Magid – Candidate of the Module
Grant Schaffer
Beverley Schubert
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Chartered Accountants Noticeboard – Flexible Career Opportunities
Noticeboard is a free service to Chartered Accountants in WA on the WA page of the Institute’s website www.icaa.org.au/wa which now includes a new section called Flexible Career Opportunities.
Given the current flexible workforce practices and the increasing importance of work/life balance combined with the shortage of skilled accountants, the Institute has introduced a part-time work initiative aimed at connecting Chartered Accountants seeking flexible work arrangements with member firms and organisations.
Part-time work opportunities currently available:
Catcher Group Pty Ltd - management information / business analyst
Brennan Sloan Leahy - business services - work from home
Bentleys MRI Perth Pty Ltd - business services and superannuation role
Go to job opportunities
Chartered Accountants Noticeboard is also a excellent forum to:- Inform colleagues and peers informed of new appointments, changing jobs or travel plans
- Buy or sell a practice or fees
- Voluntary and honorary positions available for non-profit and charitable organisations
- Seek technical advice and support chartered accountant to chartered accountant eg. specialist area training, technical opinion, temporary accounting services.
For further information or to submit a notice, please contact Fran Ooi on 9420 0412 or email fran@icaa.org.au
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Latest PI comparisons available
The Institute’s professional indemnity (PI) comparative analysis of products available from underwriters in the PI market for Australian accountants has been updated. The analysis is ongoing and continues to be updated as more product details become available to help members obtain the best deal when renewing their cover.
The PI comparative analyses is compiled to provide a helpful framework for all Chartered Accountants either looking to renew their insurance or who are entering the PI market for the first time.
For more information:
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Bull & Bear Gala Ball Saturday 29 July
The Financial Planning Association (FPA) and the Financial Services Institute of Australasia (Finsia) are excited to announce the return of the Bull & Bear Gala Ball. This year’s theme is “The Rat Pack’s Back” and is set to become the premier event in the financial services industry in Western Australia.
Our respective membership bodies are drawn from a wide range of professions, which include Financial Advising/ Planning, Accounting, Investment/ Retail Banking, Stockbroking, Funds/ Investment Management, Government, Legal, Insurance, Property, and Mining. As such, the evening is a celebration of our diverse backgrounds and opportunity for leading industry partners and colleagues to network.
Details for the evening are as follows:
Date: Saturday 29th July 2006
Venue: Ballroom
Perth Convention Exhibition Centre
21 Mounts Bay Road
Perth, Western Australia
Time: 6.00pm for Drinks
Format: Formal Dinner
Attire: Dinner Suits & Ball Gowns
Registration form
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Western Australia - July 2006
Business Breakfast series
Bruce Riley FCA
Catching up with Gary Walton CA
Western Australian Council
WA Council Elections
Chartered Accountants Program
Noticeboard
Latest PI comparisons
Bull & Bear Gala Ball
Soccer Carnival
Presidents Prize
Kimberley Discussion Group
Lost Members
Counselling support for Chartered Accountants
Key Dates Chartered Accountants Program
Soccer Carnival Saturday 12 August 2006
Can you bend it like Beckham?
OK so it's not the World Cup but teams can step up to the mark if they wish - it's time for the Institute's annual Soccer Challenge!
The Premier league is recommended for those hard core soccer enthusiasts, however, there are also Amateur and Social divisions for teams who just want to get out there and have a bit of fun. And speaking of fun, there will be a bbq and drinks provided for players and spectators from about 5:00pm - after the main competition and during (and after) the finals.
This year's event is to be held on the afternoon of Saturday 12 August, at Lords Sports Centre in Subiaco.
Registration Form
I guess there is only one more thing to say - olay, olay, olay, olay!
This event is proudly sponsored by Hays Accountancy & Finance
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Rewarding our young members - President's Prize 2006
Call for nominations
Do you know of a Chartered Accountant under the age of 35 that has made a significant contribution to our industry? Then tell us about them!
The Institute is calling on nominations for this year’s President’s Prize. The prestigious award, which offers $1000.00 in prize money, acknowledges the valuable input that young CAs have made to the profession over a 12-month period.
As Neil Faulkner, current Institute President, explains, the award offers far more than a $1000 purse. “The President’s Prize is not just a reward for the recipient, but also an incentive to encourage other young Chartered Accountants to become more involved with the Institute. It is not an academic prize, but a symbol of recognition for their service to the profession,” “Faulkner said.
Since its introduction in 1996 by the former President David Smithers, nine Chartered Accountants have been awarded the prestigious prize, including 2005 recipient Jane Stanton CA. “We encourage members to recognise such outstanding contributions for young Chartered Accountants by participating in the award”.
Entries are due Wednesday, 30 August 2006
Nominees must be a chartered accountant, under the age of 35 and have made a significant contribution to the Institute during the past 12 months.
Nomination form
For further information contact Wendy Zammit, Manager National Secretariat, on 02 92905630 or email wendyz@icaa.org.au
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Kimberley Discussion Group
Participants are being sought to form an accounting discussion group with a focus on issues relevant to the Kimberley region. An invitation is open to all accountants who are members of either CPA Australia and/or Institute of Chartered Accountants in Australia.The formation of a discussion group will assist in meeting continuing professional development requirements, as well as providing valuable networking opportunities and support to accounting and finance professionals in the Kimberley region.
The format of the discussion group is expected to consist of a technical component (presented by a suitably skilled professional) as well as an informal component to permit member discussion on current issues. Presentation topics will be determined by agreement amongst the group members.
It is expected the group will meet in Broome on either a monthly or bi-monthly basis. There may be a small fee charged to assist in administration of the meetings.
If you are interested in joining the Kimberley Accountants' Discussion Group, please send your contact details to John Vojkovich john.vojkovich@regimen.com.au or call mobile 0422 993 224 for more information.
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Do you know where these members are?
Sometimes in the process of moving we lose track of how to contact some of our members. If you see your name below could you please contact the Institute Service Centre at support@icaa.org.au or by phone on 1300 137 322 to update your details.
James Hutchinson CANADA
Peter Hemery USA
Allegra Consiglio USA
Mary Jombwe SOUTH AFRICA
Andrew Moyle WA
George Andrew Thompson WA
Simone Marina Maitland WA
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Counselling support for Chartered Accountants
 Facing an unfamiliar or challenging professional circumstance? Uncertain about a career decision? Under pressure to act unethically?
Talk to someone who knows. Contact the WA Chartered Accountants Advisory Group. It's confidential and free, and constituted by highly experienced chartered accountants from WA. Con Abbott, WA General Manager, says that at times it is important to have someone to turn to who is experienced in the accounting profession, who understands the issues and is able to provide empathy, advice and support.
To be placed in contact with a Chartered Accountants Advisory Group counsellor for guidance, contact Con Abbott on 9420 0407 or email con@icaa.org.au
(The Chartered Accountants Advisory Group counsellors cannot address technical or legal matters).
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Chartered Accountants Program
Key Dates 2006
Your local Chartered Accountants Program team are Jacqueline Pace, Administrator and Angela Gray, Coordinator. Please contact us with any queries via ca.program_wa@icaa.org.au or 9420 0409.
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The official e-newsletter of the Western Australian region of the Institute of Chartered Accountants in Australia
ABN: 50 084 642 571
GPO Box Z5385 St Georges Tce
PERTH WA 6831
Telephone: 08 94200 400
Email: wa@icaa.org.au
State Webpage: www.icaa.org.au/wa
EDITOR
Erin Pawson
Ph: 08 9420 0406
Email: erinp@icaa.org.au
Chartered Accountants Local News: Back Issues
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