Cross-Tasman merger touted for professional accounting bodies
The Boards of the Institute of Chartered Accountants in Australia (ICAA) and the New Zealand Institute of Chartered Accountants (NZICA) met in a joint session in Auckland to review the progress of existing collaboration initiatives, agreeing unanimously to further explore the merits of merging NZICA and ICAA into one new membership body.
The Boards have stated their enthusiasm for the prospect of creating a single, strong and relevant membership body, and are excited about the potential opportunities and value this could create for members.
The key strategic driver for considering creating a new single organisation is that it would better position both Institutes and the Chartered Accountant brand for global consolidation of the profession, and therefore be in the long term interest of the existing ICAA and NZICA members in both countries.
Click for more information (link to NZICA website).