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Small business to benefit from IPA board appointments

Two new directors have been announced to the board of the Institute of Public Accountants as it furthers its commitment to improving the quality of life of small business.

Small business to benefit from IPA board appointments
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Small business to benefit from IPA board appointments

IPA nominations committee chair Ivan Robinson told Public Accountant that it has appointed Tim Munro and Cheryl Mallett as new directors, as well as re-appointing Damien Moore and Jason Parker as directors.

Mr Munro is the founder and chief executive of Brisbane-based practice Change Accountants & Advisors, while Ms Mallett is partner at Vita Gustafson & Associates in Darwin.

"Tim Munro and Cheryl Mallett are both experienced practitioners who are both pioneers in their own right. In their own ways, they demonstrate a great sense of commitment to the IPA values of improving the quality of life of small business and ensuring we are at the forefront of technical issues and advocacy as well as technological change,” Mr Robinson said.

“We are confident Tim and Cheryl together with the important reappointments of Damien Moore and Jason Parker will provide continuity of an upward growth trajectory that has delivered record member intake bringing the total number of members and students to over 36,000.”

The appointments of Mr Munro and Ms Mallett brings the number of new directors to the IPA board in the past two years to five.

Further, the IPA said it’s a continuation of its approach to director rotation which see four or six directors automatically retire each year and that, this year, there were four vacancies.

Mr Robinson said the IPA believes this is a healthy, managed turnover to ensure an injection of new ideas to continue the strategic growth of the institute.

“We have developed a comprehensive process which relies upon a member-led governance model providing the elected representatives of the members (the divisional presidents) the power to appoint ten of the twelve Board positions,” Mr Robinson said.

“We meet at the start of each calendar year to map the strategic objectives to the skills and competency framework required of a director and we engage an external firm to conduct a board effectiveness analysis.”

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