ACCA leading the profession: an update for members. West Africa
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1 ACCA leading the profession: an update for members West Africa
2 Agenda Member feedback Leading the Profession Global Influence Standing for Council and AGM 2
3 Feedback You spoke: We Listened - What have we heard? 3
4 Acting on your feedback We would like to be better at keeping you updated with our latest initiatives and with your feedback, we will continue to improve. 4
5 Why do we measure member satisfaction? Track satisfaction on a quarterly basis Provide strategic measures for reporting Identify what s driving satisfaction Identify actionable insights to increase member satisfaction To listen, and to act 5
6 Methodology 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 6
7 Methodology cont Affordability and Value for Money 24 ACCA Members responded in Wave 3 (fieldwork 6 th to 17 th November) 32 ACCA Members responded in Wave 4 (fieldwork 8 th to 18 th February) 7
8 Profile of ACCA Members completing the survey Length of Time Been ACCA Member Sector Working In 11% 16% 6% 20% More than 10 years 18% 18% Other 15% 5-10 years 36% 24% Financial services 32% Corporate sector 3-4 years 39% 59% 26% Public sector 41% 0-2 years 18% 14% Public practice Wave 3&4, 2015 Annual Tracker % 6% Wave 3&4, 2015 Annual Tracker
9 Key themes 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? 9
10 in developing professional accountants the world needs.
11 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. 11
12 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. 12
13 13
14 Leading the profession 14
15 ACCA shapes the agenda of the accountancy profession Global Development Recognition Capacity Building 15
16 Global Partnerships and Influence
17 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)
18 Developments for Members Helping you lead and shape the profession 18 24/05/16 Title of presentation - enter in the Header & Footer field
19 Members BETA web pages 19
20 Practitioner products and support 20
21 Find an Accountant 21
22 ACCA Careers 22 24/05/16 Title of presentation - enter in the Header & Footer field
23 CPD, professional courses and events 23
24
25 ACCA Nigeria in the Media ACCA Nigeria at 10 Years Old
26 ACCA Nigeria in the Media ACCA Nigeria at 10 Years Old
27 ACCA Nigeria in the Media ACCA Nigeria at 10 Years Old
28 ACCA Nigeria in the Media ACCA Nigeria at 10 Years Old
29 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 Member advocacy opportunities Personal contact with your membership body through ACCA Connect Policy, PA, lobbying government and PR
30 XXX Standing for Council 2016
31 Agenda What does Council do? The role of Council Council responsibilities Governance 31
32 Could you be a council member? 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? 32
33 What does Council do? 33
34 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. 34
35 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 35 24/05/16
36 Governance Council standing committees: Audit Governance Design Market Oversight Nominating Remuneration Resource Oversight Public oversight boards: Appointments Regulatory Qualifications Standards 36 24/05/16 Title of presentation - enter in the Header & Footer field
37 Could you become a Council member? 37
38 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. 38
39 Council in Nigeria 39
40 How long would I be on Council? 3 years Term of office 40
41 How many times can I stand for reelection? x 2 Members can be re-elected to Council twice, giving a maximum term of 9 years 41 24/05/16 Title of presentation - enter in the Header & Footer field
42 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 42
43 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 43
44 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 44
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