This lack of full disclosure is a problem for all professional membership organisations but certainly CPA Australia is the worst 'by a country mile' in terms of quantum per person.
Read this article from todays AFR by Edmund Tadros where he uses the AICD as an example.
He asks the pretty simple question of how can we (AICD, CPA etc) profess to be some sort of guardians or standard bearers for the membership and to the watching world, yet we display the worst traits of minimal disclosure and lack of openness and transparency.
This is not a small matter.
I suggest that Alex Malley is on a colossal salary and is afraid to fully disclose it because if all the membership knew we would be 'up in arms'.
More shame to Malley as CEO, and Carlin as President of the Board for their pathetic lack of leadership on this matter.
Read the attached article to get the overall picture.
|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
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Are minimum disclosures appropriate for an organisation that is supposed be setting the standard. What disclosures should be happening.
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