Merry Christmas to Peter Wilson. When it was suggested that Peter Wilson should be independent of the old board so that we can have a fresh start Peter responded with "That's your issue". Summary of the meeting here: viewtopic.php?f=23&t=594
A good summary of where we are up to by Joe Aston of the AFR, linked to from here: viewtopic.php?f=5&p=4137#p4137
If you are new to this website read the story so far: viewtopic.php?t=321#p1793
Check out some of the AFR articles, too many to list and check out some of the ABC reports: http://www.afr.com/business/accounting/ ... 215-h055ej http://www.afr.com/business/accounting/ ... 211-h02x1d http://www.abc.net.au/news/programs/the ... s,/8626662
Please join this website to participate in discussions. Also join our email list at http://eepurl.com/cWsgfb
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Search found 98 matches

by theallseeingeye
Sun Sep 17, 2017 10:24 pm
Forum: In the media
Topic: The Australian 15th Sept 2017 Ben Butler
Replies: 1
Views: 795

Re: The Australian 15th Sept 2017 Ben Butler

Let's face it. The biggest, glaring issues that started this whole shakedown remain unaddressed by the IRB. We somehow lost 7 Board members, and a CEO , whom the remaining Board still praise despite terminating him, and gave a ridiculous termination payout . How the flying **** does that happen? We ...
by theallseeingeye
Sat Sep 16, 2017 10:54 pm
Forum: IRP - Independent Review Panel
Topic: Brett's Response to IRPanel Preliminary Report
Replies: 15
Views: 3267

Re: Brett's Response to IRPanel Preliminary Report

Well played Brett. Hard to fault anything you've said here. I was reading books about Enron and also the sub-prime mortgage market implosion earlier this year and yes, a lot of those responsible did not face justice or censure. Particularly bankers - and also accountants. Then again, Enron killed An...
by theallseeingeye
Sun Sep 10, 2017 8:45 pm
Forum: Corporate Governance
Topic: Corporate Governance in Other Membership based Organisations
Replies: 8
Views: 3009

Re: Corporate Governance in Other Membership based Organisations

The mere presence of Dr Tsahuridu intrigues me. One the one hand we have a regular page of ITB dedicated to her musings on ethics , leadership behaviours, whistle-blowing and so forth. All very appropriate and noble, I almost always read her article. On the other hand, she works for an organisation ...
by theallseeingeye
Fri Sep 08, 2017 4:44 pm
Forum: CPA Members Weekly Roundup
Topic: CPA Australia - Sponsorship
Replies: 13
Views: 6156

Re: CPA Australia - Sponsorship

This will be a question for the new board to answer to us members. I don't want my membership fees to be used for sponsorship rather I prefer more CPD at reasonable price. ... .... We have learn that being inactive costs us members enormous. Your last sentence is spot on. But cheap CPD and zero ext...
by theallseeingeye
Wed Sep 06, 2017 12:39 pm
Forum: Strategic direction including branding and marketing
Topic: why are CPA discussion group networking events NOT FREE???
Replies: 4
Views: 1674

Re: why are CPA discussion group networking events NOT FREE???

Having potential attendees make a relatively small contribution probably encourages them to actually attend rather than just RSVPing and deciding at the last minute whether or not to go. Exactly my experience, having spoken at CPD events....lots more no-shows when they are free. Another solution mi...
by theallseeingeye
Tue Sep 05, 2017 2:01 pm
Forum: Strategic direction including branding and marketing
Topic: why are CPA discussion group networking events NOT FREE???
Replies: 4
Views: 1674

Re: why are CPA discussion group networking events NOT FREE???

If you're getting 2 hours cpd and maybe a drink and nibbles, $20 isn't excessive . What I have a problem with is CPA pissing away millions on CPA Advice, yet micro-gouging on events like this particularly if the guest speaker or discussion facilitator is providing their time for free.
by theallseeingeye
Wed Aug 30, 2017 5:36 pm
Forum: CPA Members Weekly Roundup
Topic: Brett's 'Weekly' Update A Penultimate One 14th August 2017
Replies: 9
Views: 3479

Re: Brett's 'Weekly' Update A Penultimate One 14th August 2017

I reckon the Board are waiting to see what the Independent Review says. After all, it's only a crime if you get caught. And you wouldn't want to be offering a defence in the Senate one week, only to have it blown out of the water a week later by revelations in the report. Integrity...indeed.
by theallseeingeye
Mon Aug 07, 2017 9:42 pm
Forum: Directors of CPA Australia in detail
Topic: Announcement from the Board of CPA Australia
Replies: 28
Views: 7781

Re: Announcement from the Board of CPA Australia

We members want direct access to the board not some divisional councils that did not stand up for us members. That's hitting the nail on the head. Since Brett picked up on the issues at CPA, I bothered to have a quick read of the last 4 annual reports, something I hadn't done since about 2012. I no...
by theallseeingeye
Thu Aug 03, 2017 4:04 am
Forum: CPA Members Weekly Roundup
Topic: Independent Review Update
Replies: 43
Views: 12288

Re: Independent Review Update

If annual bonuses were awarded to the staff and execs for the performance of cpa advice then you really have to question how such a low bar was set, in terms of performance targets, in the first place. It also shows how amateur and/or greedy our remaining board members and remuneration committee hav...
by theallseeingeye
Thu Jul 27, 2017 6:57 pm
Forum: CPA Members Weekly Roundup
Topic: Message from Mr McPhee about Independent review requesting submissions.
Replies: 38
Views: 9853

Re: Message from Mr McPhee about Independent review requesting submissions.

Nothing wrong with what you say, incitem3 In summary, what we need from the Board is - transparency.....not a 3 month battle for remuneration disclosure - robust , two-way member engagement channels to the top....not a gerrymandered Board selection process - accountability ....not big payoffs for po...
by theallseeingeye
Fri Jul 21, 2017 10:19 pm
Forum: Corporate Governance
Topic: The Representative Council 2017 . These are they.
Replies: 8
Views: 2668

Re: The Representative Council 2017 . These are they.

One of the vacant positions was to represent "staffed branches "; that is, they are not Divisions (like for example NSW and Victoria) but they have a staffed office. My memory is a bit vague but I think that position covers Europe, NZ and Tasmania. The rep rotated regularly between these locations (...
by theallseeingeye
Tue Jul 18, 2017 6:19 am
Forum: In the media
Topic: ABC News - Former CPA Australia leaders demand EGM & board spill
Replies: 8
Views: 2451

Re: ABC News - Former CPA Australia leaders demand EGM & board spill

A good legal question and hopefully one being asked by those with stewardship of the legal fund
by theallseeingeye
Tue Jul 18, 2017 6:12 am
Forum: In the media
Topic: The Australian- 14 July2017 -CPA rebuffs call for board spill over governance concerns
Replies: 6
Views: 1788

Re: The Australian- 14 July2017 -CPA rebuffs call for board spill over governance concerns

Lets not forget the overseas offices that they waste money on. One in the UK, and some other European states. Why they really need theses is anyone guess. Allow me to answer your rhetorical question. There are no offices in "other European states". Period.There are to my recollection 3 staff in the...
by theallseeingeye
Sat Jul 15, 2017 11:14 pm
Forum: Remuneration of Key Management Personnel
Topic: Large Payout to Malley
Replies: 10
Views: 3322

Re: Large Payout to Malley

Yeah they paid him out about 3 years in advance without even a thought about transitioning the strategy or salvaging anything from it. No, they thought about it, and unless there is some clear visible action soon - they lied about it. I have been in the room with Malley and Wade TWICE when Malley p...
by theallseeingeye
Fri Jul 14, 2017 7:33 pm
Forum: Remuneration of Key Management Personnel
Topic: Large Payout to Malley
Replies: 10
Views: 3322

Re: Large Payout to Malley

Why was Alex Malley paid out from his contract? And at the same time, leaving CPA Australia with a massive black hole where a brand and marketing strategy called "Alex malley" used to be. Eight years of investment down the drain. And yet, our remaining Board members can't see any reason why they sh...
by theallseeingeye
Thu Jul 13, 2017 11:36 pm
Forum: CPA Members Weekly Roundup
Topic: CPA Australia Demographic & membership numbers
Replies: 10
Views: 3331

Re: CPA Australia Demographic & membership numbers

All these stats do is raise more questions about the running of OUR professional association for the past 8 years. For example, what were the growth targets set each year that validated the rising annual subs and the expense of a global marketing strategy? Were these targets met? Did remuneration an...
by theallseeingeye
Thu Jul 13, 2017 10:36 pm
Forum: Remuneration of Key Management Personnel
Topic: Plundering our fees for exec super, too
Replies: 3
Views: 1680

Re: Plundering our fees for exec super, too

The problem is with the super legislation, and that's more what the article is about. Malley's package, like any other CEO, would have been negotiated in overall terms. Any person -- especially an accountant -- who doesn't maximise their net benefit through tax-efficient structuring 'needs their he...
by theallseeingeye
Thu Jul 13, 2017 10:22 pm
Forum: In the media
Topic: ABC News - Former CPA Australia leaders demand EGM & board spill
Replies: 8
Views: 2451

Re: ABC News - Former CPA Australia leaders demand EGM & board spill

Protecting the world from more spam emails is a high priority at CPA Australia. Second in importance only to the preservation of excessive directors fees and exec remuneration. But seriously, Mr Dickson demonstrates the poor understanding of today's IT that typifies his generation. We could send the...
by theallseeingeye
Wed Jul 12, 2017 5:31 am
Forum: Remuneration of Key Management Personnel
Topic: Plundering our fees for exec super, too
Replies: 3
Views: 1680

Plundering our fees for exec super, too

Interesting to see in the ABC article (link below) that Malley got the maximum tax-free super contribution of $35000, whereas the CEOs of CBA and Telstra take much less, despite their larger packages. Trough, pig, snout in it. "But there is nothing illegal about that!" will be the inevitable sanctim...
by theallseeingeye
Wed Jul 05, 2017 7:38 pm
Forum: Strategic direction including branding and marketing
Topic: What sort of organisation should Australia CPA be?
Replies: 10
Views: 3453

Re: What sort of organisation should Australia CPA be?

Please be a little understanding of public practice members - the CPA style guide tells us all to "plaster" CPA and logo "over their letterheads, paper advertisements, office signs and the like". These are items scrutinized during Public Practice Reviews (ie Quality Assurance audits). Yet quite the...