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
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16 April 2018 - Joe Aston - AFR - WA's Auditor-General Caroline Spencer can't remain a CPA director

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16 April 2018 - Joe Aston - AFR - WA's Auditor-General Caroline Spencer can't remain a CPA director

Post by JWheldon » Tue Apr 17, 2018 8:52 pm

Are Ms Spencer a director of CPA Australia, and Peter Wilson Chairman of CPA Australia and the board of CPA Australia, now engaging in activities which will breach the Western Australia Auditor General Act 2006, once Ms Spencer takes up her appointment on 28 May 2018?

Are these activities also in breach of the Corporation Act with regards to the duties of a director?

Are the activities a clear breach of the CPA Australia high standards of corporate ethics, and should not only Ms Spencer now resign from CPA Australia, but also Peter Wilson Chairman of CPA Australia, for undertaking unethical activities, which deem to breach the honourable office of auditor general, but also the high standard established by the board of CPA Australia?

Sounds like the board of CPA Australia have not learnt from the mistakes of the past. I wonder what Ian McPhee ex-auditor general would think about this situation concerning Ms Spencer?

WA's Auditor-General Caroline Spencer can't remain a CPA director

Joe Aston - AFR

http://www.afr.com/brand/rear-window/wa ... 416-h0yun4

It's been a month now since the McGowan government announced that Caroline Spencer would be Western Australia's next auditor-general, succeeding Colin Murphy on May 28.

Spencer joined the new "squeaky clean" board of CPA Australia, which took office on October 1 last year after the previous board (or what was left of it) stood down to give the organisation, ravaged by Alex Malley's tenure and its members' uprising, a fresh start.

But when she takes up her corporate governance baton in Perth's state executive offices, CPA president Peter Wilson (paid $225,000, plus $200,000 as the literally irreplaceable president and chair of the Australian Human Resources Institute) promises that "she will remain a director on CPA Australia's board".

Wait a second! WA's Auditor-General Act 2006 specifically proscribes the officeholder from "any paid employment outside the duties of the office of Auditor-General". Pretty unequivocal, right? Spencer earns $75,000 as a CPA director. Or will she forego her director's fee? Wilson hasn't told members anything about that.

Wilson's confrontational attitude in the first six months of his presidency has dismayed the large group of CPA members who hoped for good faith engagement with their new leadership. He declined an invitation to address a meeting of their 4000-strong network in October last year, citing his busy schedule – despite applicants for the CPA directorships being warned of the high volume and urgency of work upon commencement. It took the spillers 2½ months to get a meeting with Wilson.

Yep, you'd almost be forgiven for thinking this bloke was hand-picked by the last rotten board, the one gradually populated with Malley apostles, just to cover all of their arses (with the cover of Ian McPhee's "independent" report whitewash). Oh hang on, he was!

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Re: 16 April 2018 - Joe Aston - AFR - WA's Auditor-General Caroline Spencer can't remain a CPA director

Post by JWheldon » Tue Apr 17, 2018 11:41 pm

Response by CPA Australia

https://www.cpaaustralia.com.au/media/m ... april-2018

17 April 2018

Today an article was published in the Australian Financial Review that contains inaccuracies and we wish to provide you with more detail.
Appointment of Caroline Spencer to WA Auditor General position

Caroline Spencer was appointed to CPA Australia’s Board on 1 October 2017 for a two-year term.

On 14 March 2018, it was announced that Ms Spencer had been appointed as Auditor General for Western Australia.

As part of the appointment process, Ms Spencer wrote to the WA Treasurer on 7 March 2018.

View Ms Spencer’s letter to the WA Treasurer (PDF).

Ms Spencer sets out the steps she would take if appointed to ensure no conflicts of interest during her term serving in the role, and to ensure she would not be in paid employment from any other source, as required by Schedule 1 clause 3 of the Auditor General Act 2006.

Ms Spencer advises she would not receive Director fees from CPA Australia if appointed but rather Director fees would be paid to the Western Australian Office of the Auditor General.

She takes up the role on 28 May 2018.
Appointment of Directors to CPA Australia’s Board

CPA Australia’s new Board was appointed solely by Divisional Councillors directly elected by members.

This followed an open Expression of Interest process advertised to all CPA Australia members and more broadly last year.

Since our appointment your new Board has engaged with thousands of members in hundreds of formal and informal meetings and at CPA Australia events.

We are listening to members and we are delivering positive change in the interests of all members.

Being open and transparent with members remains a core commitment for your new Board. We are working closely with Divisional and Branch Councils and members more broadly to restore the reputation of CPA Australia.

Peter Wilson AM FCPA
President and Chairman
On behalf CPA Australia Board of Directors
Previous announcements
caroline-spencer-letter-to-treasurer.pdf
(78.42 KiB) Downloaded 19 times

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Re: 16 April 2018 - Joe Aston - AFR - WA's Auditor-General Caroline Spencer can't remain a CPA director

Post by certified sane » Wed Apr 18, 2018 11:27 am

So the fact they have responded to this article but have remained silent on all others might suggest to me that they had ground to refute this potential problem. What about all the others, by their lack of action all other AFR articles must be on solid ground?

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Re: 16 April 2018 - Joe Aston - AFR - WA's Auditor-General Caroline Spencer can't remain a CPA director

Post by nakedadmin » Wed Apr 18, 2018 1:35 pm

This article also seems to be on solid ground as the "inaccuracies" Peter claims to be correcting are non existent. i.e. I am unable to find anything in the email or attachment that contradicts anything in the article. Did anyone find an inaccuracy?
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Re: 16 April 2018 - Joe Aston - AFR - WA's Auditor-General Caroline Spencer can't remain a CPA director

Post by JWheldon » Wed Apr 18, 2018 8:38 pm

In the letter dated 7 March 2018, Ms Spencer states

" This is to ensure there are no conflicts of interest during my term serving in the role, and to ensure l am not in paid employment from any other source, as required by Schedule 1 clause 3 of the Act."

"I consider that remaining on the board of CPA Australia provides benefits to the Office of the Auditor General (OAG) and the state more broadly."

What was the response from the WA Treasurer, with regards to her letter dated 7 March 2018?

Ms Spenser stated that she will not be in paid employment, but Peter Wilson CPA Australia Chairman, stated in his letter that the directors fees will be paid to the WA Auditor General Office. Has Ms Spencer made a false statement to the WA Treasurer and to Parliament of WA, by not stating that director fees will be paid to the Office of Auditor General WA?

Mr Peter Wilson in his statement dated 17 April 2018 stated

"Ms Spencer set out the steps she would take if appointed to ensure no conflicts of interest during her term in the role, and to ensure she would not be in paid employment from any other source, as required by Schedule 1 Clause of the Auditor General Act 2006"

"Ms Spencer advises she would not receive Director fees from CPA Australia if appointed but rather Director fees would be paid to the Western Australian Office of the Auditor General"

Has Ms Spencer actually complied with her own statement to ensure that she is not in a paid employment?

Did Ms Spencer actually state in her letter dated 7 March 2018, or any where that she would not receive the Director fees, but those fees would be paid to the Australian Office of Auditor General, as state by Peter Wilson CPA Australia Chairman?

Does it appear that both Peter Wilson and Ms Spencer have made two different statements, and are in breach of the CPA Australia board's own high ethical standards?


Don't really see how the statement by Joe Aston is wrong, but await the next response from Mr Peter Wilson and Ms Spencer.

Should Ms Spencer, and Mr Peter Wilson now do the right thing and resign from CPA Australia?

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Re: 16 April 2018 - Joe Aston - AFR - WA's Auditor-General Caroline Spencer can't remain a CPA director

Post by geoffrt0019 » Thu Apr 19, 2018 12:06 am

All too familiar....just like graeme wade leaving the room when the decision was made to piss over $1 million against the wall when sponsoring wades pet project of basketball.

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Re: 16 April 2018 - Joe Aston - AFR - WA's Auditor-General Caroline Spencer can't remain a CPA director

Post by Stomper » Thu Apr 19, 2018 9:24 am

AFR 19 April 2018 - CPA Australia president Peter Wilson's tactics show that very little has changed since the organisation's leadership ...


CPA Australia's busy new president Peter Wilson wrote to his members on Tuesday to advise them that "today an article was published in The Australian Financial Review that contains inaccuracies". Geez, haven't we heard that from this mob before?!

Wilson, who considers himself literally irreplaceable, didn't stipulate the alleged inaccuracies but it's safe to say he was referring to our observation that Western Australia's incoming Auditor-General Caroline Spencer would be in breach of the state's Auditor-General Act 2006 were she to continue as a member of CPA Australia's board, given directors are paid $75,000 a year for their service and the Act prohibits the Auditor-General from "any paid employment outside the duties of the office of Auditor-General".

Wilson has now clarified that Spencer can and will remain a CPA director, having advised Treasurer Ben Wyatt last month that her $75,000 stipend will be paid to the Office of the Auditor-General. And to think this CPA jolly is supposed to be so frightfully lucrative!

Calling our reasonable presumption an "inaccuracy" is typically crafty. Remember, we had wondered thus: "Or will she forego her director's fee? Wilson hasn't told members anything about that."

Precisely. In his congratulatory memo noting Spencer's appointment, he made no reference to the glaring complication of the Act. Why ever would the president of CPA Australia voluntarily offer a scrap of supplementary information to his (paying) subjects? Concealment is a rich tradition of his office!

Wilson's haughty missive does, though, raise the larger question of why – beyond compliance with statute – one director will compensate her employer for time spent on CPA duties, while the rest will willingly trouser the loot, in Wilson's case $225,000.

Another director, Ric De Santi, is Tasmania's Deputy Auditor-General (a big job, given 97 per cent of the Apple Isle's gross state product is public sector spending) and was a CPA office-bearer throughout the entire Alex Malley era.

Di Santi was a divisional councillor in Tasmania from 2005 to 2014 and again in 2017, Tasmanian president in 2009, and a member of CPA Australia's representative council (which appoints the CPA board, but – until recently – half of which was appointed by the board; head spin, anyone?) in 2013 and 2014 alongside Malley's enforcer Graeme Wade and Sharon Portelli, one of only four remaining CPA directors (seven quit) who last year defiantly stood by Malley until finally showing him the door (and a cheque for $4.9 million).

Tim Youngberry, a member of the old guard, presented a shortlist of names for the representative council to choose from for board spots. Glen McCurtayne

Will Di Santi have his CPA director's fee paid straight to the Tasmanian Audit Office? Or are we perpetuating an "inaccuracy" simply by asking the question?

Remember, before Malley, Wade, Richard Petty and friends, CPA directors did not receive fees directly; their employers did, to compensate them for the time their employees – in service of the accounting profession – spent away from their principal job. In 2009, with Malley as CEO and his mate Petty as president, a constitutional change was effected to "require these payments to be made to a director personally" unless doing so would be in breach of the director's terms of employment.

Surprisingly enough, and as selfless as this squeaky-clean new board assures us it is, reverting to the previous emolument regime isn't on the agenda for next month's AGM!

The only "inaccuracy" here is Wilson's calculatedly misleading statement in Tuesday's all-member broadcast that "CPA Australia's new board [himself included] was appointed solely by divisional councillors directly elected by members".

No, the board is elected by the representative council, which is elected by the divisional councils. Yes, obviously representative councilors are also divisional councilors just like all Cabinet ministers are also members of the caucus. But representative councilors, who elect the board, are not directly elected by members, and Wilson implying so is tricky.

What's more, the representative council cannot just appoint whomever it wishes to the CPA board. The council is provided a shortlist prepared by the board's own nomination and remuneration committee (in this latest process, chaired by Malley man and "emergency" director Tim Youngberry) and the council chooses only from this carefully curated menu of names – yet another convolution of the process Wilson omits from his latest indignant proclamation. Which is just what we're all coming to expect from the man.

Oh, and about that "independent" panel led by former Commonwealth Auditor-General Ian McPhee – where did its findings go? The website where its report was freely available, cpaaustraliareview.com, has quietly been decommissioned.

Tragically, it is becoming clearer by the day just how little has really changed at CPA Australia.


Read more: http://www.afr.com/brand/rear-window/cp ... z5D4Ln0DhX
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Re: 16 April 2018 - Joe Aston - AFR - WA's Auditor-General Caroline Spencer can't remain a CPA director

Post by nakedadmin » Thu Apr 19, 2018 10:55 am

Brilliant article. Insane situation.

Tim Youngberry, a member of the old guard was also paid $44K in a consulting fee. Refer the related parties disclosure. They didn't tell us that at the time, when they assured us how independent he was. Just doing it for the members.
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Re: 16 April 2018 - Joe Aston - AFR - WA's Auditor-General Caroline Spencer can't remain a CPA director

Post by JWheldon » Wed Apr 25, 2018 11:47 pm

Sounds like Ms Spencer needs to rethink her directorship of CPA Australia. Sounds like the WA government is in very hot water with this issue. The letter from Ms Spencer to the WA Treasurer was not very clear on the diretorship fees. What do others think? Sounds like Ms Spencer is getting very poor advise from the same people that advised the CPA Australia Board, when the whole Alex Malley issue started.

Will Ms Spencer do the right thing or just keep waiting, until the WA government forces her to do the right thing?

https://www.pressreader.com/australia/t ... 2615305725

Call for Auditor answers

The West Australian18 Apr 2018Dylan Caporn

The State Opposition was last night demanding answers about a decision by incoming Auditor General Caroline Spencer to remain as a director on the CPA Australia board.

Ms Spencer, who takes over as the State’s top watchdog late next month, was elected to the CPA Australia board late last year.

But under the Auditor General Act, the officeholder, who is paid more than $400,000 a year, can not hold any paid employment outside their official role. As a CPA director, Ms Spencer earns $75,000.

In a letter to Treasurer Ben Wyatt before her appointment as Auditor General, Ms Spencer said there was precedent for remaining on the board and her director fees would instead be paid to the Office of the Auditor General.

Opposition Leader Mike Nahan said the State Government needed to explain how Ms Spencer could remain a CPA Australia director.

“We do not believe she can do both and the Government needs to ensure the requirements of the Auditor General Act 2006 are being met prior to Ms Spencer commencing in her role,” Dr Nahan said.

A spokesman for Mr Wyatt said the decision to pay Ms Spencer’s salary to the Office of the Auditor General would ensure there was no conflict of interest while she served as WA Auditor General.

“Ms Spencer made her position clear during the appointment process,” he said.

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Re: 16 April 2018 - Joe Aston - AFR - WA's Auditor-General Caroline Spencer can't remain a CPA director

Post by JWheldon » Tue May 01, 2018 11:11 pm

Here is something interesting. The AHRI website even published the link to Joe Aston's article relating to Caroline Spencer's appointment as WA Auditor General. What does that indicate? Maybe they also agree that something is fishy at CPA Australia with Caroline Spencer.

https://www.ahri.com.au/resources/media ... a-mentions

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Re: 16 April 2018 - Joe Aston - AFR - WA's Auditor-General Caroline Spencer can't remain a CPA director

Post by nakedadmin » Wed May 02, 2018 8:34 am

It's really odd because the only comment about AHRI in there is:
CPA president Peter Wilson (paid $225,000, plus $200,000 as the literally irreplaceable president and chair of the Australian Human Resources Institute)
In fairness they did link to the other articles as well:

Concern over Peter Wilson's dual CPA, Australian HR Institute chairman roles, Edmund Tadros, Financial Review, 13 December 2017

Letters: I don't know Alex Malley!, Peter Wilson, Letters to Financial Review, 12 December 2017

CPA Australia's new chairman Peter Wilson faces conflict-of-interest claims, Edmund Tadros, Financial Review, 12 December 2017
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