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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Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

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Stomper
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Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

Post by Stomper » Fri Jun 09, 2017 9:55 am

CPA Titanic.JPG
CPA Titanic.JPG (57.75 KiB) Viewed 2682 times
https://www.macrobusiness.com.au/2017/0 ... eregistry/

raleighcpa
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Re: Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

Post by raleighcpa » Fri Jun 09, 2017 10:45 am

How could we possibly expect a professional standards organisation to understand the concept of "Conflict of Interest????"

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Red_Ferrari
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Re: Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

Post by Red_Ferrari » Fri Jun 09, 2017 12:04 pm

.
This saga will be longer than Blue Hills.
Attachments
z abc.net.au 9-6-2017 Head of CPA Australia accusee NSW Fair Trading Minister of interfering in due process.pdf
(74.8 KiB) Downloaded 85 times

Eric Nacpa
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Re: Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

Post by Eric Nacpa » Fri Jun 09, 2017 12:13 pm

If those quotes attributed to Malley are accurate, I think its just sped things up.

CPA Board - are you seeing this?

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The Nude CPA
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Re: Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

Post by The Nude CPA » Fri Jun 09, 2017 2:21 pm

Eric Nacpa wrote:
Fri Jun 09, 2017 12:13 pm
If those quotes attributed to Malley are accurate, I think its just sped things up.
How so?

Eric Nacpa
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Re: Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

Post by Eric Nacpa » Fri Jun 09, 2017 3:21 pm

Would it not be normal for the CEO to have his chairman on-board before a spray at a Minister with the power to make decisions over CPA?
It seems like a desperate act as the Minister pointed out.

I think the tone of Malley's quoted response brings the organisation into disrepute and provide a trigger for the Board to act.

Unfortunately the Board probably isn't functional at the moment.

In my experience, there is likely to be a big iceberg below the surface in the relationship between the CEO and Chairman.

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Re: Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

Post by nakedadmin » Fri Jun 09, 2017 4:27 pm

Interesting comment. I don't thing Alex is asking anyone before he speaks. Have a look at the quote in the board announcement above.
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Better Call Saul
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Re: Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

Post by Better Call Saul » Sat Jun 10, 2017 8:09 pm

Directors are muzzled by item 5. of the Directors Code of Conduct, whereas Malley has no such restriction.
5. A Director must not (intentionally or negligently) make improper use of information acquired as a Director, take improper advantage of the position of Director and must not, without the prior consent of the Chairman or his/her delegate speak, confer or share information concerning CPA Australia with the media (in all its forms) or any other person or entity not formally associated with CPA Australia.

Eric Nacpa
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Re: Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

Post by Eric Nacpa » Mon Jun 12, 2017 10:52 am

A ceo shouldnt spray like that without the full support of the board. They must support or deal with him . Firsy strike? Second or third?

I havent checked but what does the constitution say about apointing a new chair? This will be interesting to watch.

Hes running amok and they have very clear choices.

Act (unfair dismissal?)
Resign (no backbone or board split)
Support him.....

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Better Call Saul
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Re: Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

Post by Better Call Saul » Mon Jun 12, 2017 2:52 pm

Good point. In a normal Board, the CEO is the "voice" using the words "approved by the Board" and will act like a good employee and taking instructions given by the Board.

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The Nude CPA
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Re: Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

Post by The Nude CPA » Mon Jun 12, 2017 7:48 pm

The "suspended schoolboy" plays by his own rules, man.

raleighcpa
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Re: Macrobusiness 9 June 2017 CPA Titanic going under as NSW threatens deregistry

Post by raleighcpa » Mon Jun 12, 2017 9:40 pm

Suspended schoolboy to suspended CEO??

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