acca leading the profession: an update for members

ACCA leading the profession: an update for members

West Africa

©ACCA 2

Member feedback Leading the Profession Global Influence Standing for Council and AGM

Agenda

©ACCA 3

Feedback You spoke: We Listened - What have we heard?

©ACCA

Acting on your feedback

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“We would like to be better at keeping you updated with our latest initiatives and with your feedback, we will continue to improve.”

http://members.accaglobal.com/en/home/membership/acting-on-your-feedback.html#building-a-globally-recognised-brand

©ACCA

Why do we measure member satisfaction?

•  Track satisfaction on a quarterly basis

•  Provide strategic measures for reporting

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•  Identify what’s driving satisfaction

•  Identify actionable insights to increase member satisfaction

•  To listen, and to act

©ACCA

Methodology

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A random sample of Members in Nigeria are surveyed on a

quarterly basis and complete a 10 minute online survey, which

covers:

§  Overall view of ACCA

§  Relationship with ACCA

§  Interaction with ACCA

§  Employability / Career Progression

§  Resources and Support

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Methodology cont

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§  Affordability and Value for Money

§  24 ACCA Members responded in Wave 3 (fieldwork 6th

to 17th November)

§  32 ACCA Members responded in Wave 4 (fieldwork 8th

to 18th February)

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Profile of ACCA Members completing the survey

Sector Working In Length of Time Been ACCA Member

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41%

59%

32%

15%

16% 20%

11% 6%

Wave 3&4, 2015 Annual Tracker 2014

More than 10 years

5-10 years

3-4 years

0-2 years

2% 6%

18% 14%

26% 39%

36% 24%

18% 18%

Wave 3&4, 2015 Annual Tracker 2014

Other

Financial services

Corporate sector

Public sector

Public practice

©ACCA

Key themes

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Brand Values: “What is ACCA’s reputation?” Interaction: “My experiences with ACCA touch points Employability / Career Progression: “How does ACCA help my future Value for Money / Affordability: “Can I afford ACCA? Do I get good value for money?” Relationship with ACCA: “How I feel about ACCA and how ACCA feels about me” Resources / Support: “What resources does ACCA provide for me?”

in developing professional accountants

the world needs.

©ACCA

ACCA’s Mission

•  Provide opportunity and access to people of ability around the world and support our members throughout their careers in accounting, business and finance

•  Achieve and promote the highest professional, ethical and governance standards

•  Advance the public interest

•  Be a global leader in the profession.

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©ACCA

ACCA’s Core Values

Opportunity: we provide opportunity, free from artificial barriers, to people around the world - whether students, members or employees and we support them in their careers. Diversity: we respect and value difference, embracing diversity in our people and in our output. Innovation: we create new and unexpected possibilities, providing innovative solutions for the future. Accountability: we accept individual and corporate responsibility for our actions, working together to deliver a quality service and to promote the best interests of our stakeholders. Integrity: we act ethically and work in the public interest, treating people fairly and honestly; we encourage the same from others.

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Leading the profession

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ACCA shapes the agenda of the accountancy profession

Global Development Recognition Capacity Building

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Global Partnerships and Influence

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Global Capacity Building

• Establishment of professional accountancy bodies

• Regulation and professional standards

• Education and certification

• Adoption and implementation of IFAC Statements of Membership Obligations (SMOs)

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Developments for Members

Helping you lead and shape the profession

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Members BETA web pages

©ACCA

Practitioner products and support

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©ACCA

Find an Accountant

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©ACCA

ACCA Careers

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©ACCA

CPD, professional courses and events

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©ACCA

ACCA Nigeria in the Media ACCA Nigeria at 10 Years Old

©ACCA

Summary: ACCA in Nigeria

Events – New members ceremonies

ACCA Nigeria at 10 Years Old New CPD website Members’ Networks events

New members website Beta pages & New ‘Find an Accountant’ pages

•  AB, CPD Direct, Accountancy Futures magazine

•  Access to over 200 technical advisory fact sheets and guides and a dedicated advisory service by phone and email

•  Member advocacy opportunities

•  Personal contact with your membership body through ACCA Connect

•  Policy, PA, lobbying government and PR

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Standing for Council 2016

©ACCA

Agenda

§ What does Council do?

§ The role of Council

§ Council responsibilities

§ Governance

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Could you be a council member?

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§ What makes a good Council member?

§ Meet our Council members

§ How long would I be on Council?

§ Can I stand for re-election?

§ How much time would I need to commit?

§ Election timetable

§ Standing for election

§ Have you got what it takes?

§ What could you gain?

©ACCA

The Role of Council

§ Ensure that ACCA operates in the public interest and delivers the objectives stated in our Royal Charter

§ Set the overall direction of ACCA by approving ACCA strategy

§ Explain and promote ACCA's strategic direction by engaging with members

§ Provide an objective environment for the executive team to explore new ideas or challenges.

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©ACCA

Council responsibilities § Elect officers to lead our members

§ Provide assurance to members of our sound financial and general management by appointing an Audit Committee

§ Appoint a Nominating Committee

§ Appoint a Remuneration Committee to deal with the performance and remuneration of senior management

§ Appoint a series of further oversight committees across key areas of ACCA activity

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©ACCA

Governance

Council standing committees:

§ Audit

§ Governance Design

§ Market Oversight

§ Nominating

§ Remuneration

§ Resource Oversight

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Public oversight boards:

§ Appointments

§ Regulatory

§ Qualifications

§ Standards

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What makes a good Council member?

§ Real experience of the global accounting industry, usually at partner owner or board level

§ Long term or technical experience

§ Proven ability to actively participate in strategic decision making

§ An understanding of good governance

§ Personal and professional integrity

§ Good communication, influencing and presentation skills.

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Members can be re-elected to Council twice, giving a maximum term of 9 years

How many times can I stand for re-election?

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How much time would I need to commit?

§ 4 Council meetings per year

§ Seminars and dinners prior to Council meetings

§ Regular Council communications

§ Standing committee participation

§ Representing ACCA at events

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©ACCA

How to stand for election – the process

§ Contact our Secretary to announce your intention to stand

§ Closing date for this year’s nominations is 15 June

§ Nominations must be supported by at least 10 named supporters who are ACCA members in good standing

§ Once an application has been confirmed in writing:

§ election statement of around 500 words

§ head and shoulders photograph

§ opportunity to supply a short video

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http://members.accaglobal.com/en/home/council-elections.html

©ACCA

What could you gain from being an ACCA Council member?

§  Increase your personal and business profile within the global accountancy arena

§ Help to shape the future of ACCA and the profession

§ Give something back to ACCA and the profession

§  Personal growth and development through networking and other opportunities

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acca leading the profession: an update for members

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