RegulationCorporate GovernanceACCA eases international rule

ACCA eases international rule

ACCA is to open up international restrictions on its council membership

The body is to abolish a long-standing council rule that at least 12 of the
36 council members be UK auditors.

ACCA members will be asked to vote on the change, as well as formally
limiting membership of council to nine years, or 12 years which will be an
extension in particular circumstances.

The decision to open up membership comes on the back of an overseas council
meeting held in Kuala Lampur, Malaysia.

‘We calculated at the time that we managed to engage just over 2,000 members
in the space of three days,’ said Gill Ball, who will become the president in
May.

‘It’s about hearing what the members want and imploring them to get more
engaged,’ said Ball.

She denied suggestions that the largely international members want more of a
say in the UK-based organisation. ‘Everyone was quite happy with the way in
which council did things,’ she said.

An ACCA team, which will include Ball, is to go on a roadshow in Malaysia and
Singapore campaigning on the new open-council membership concept at the same
time as ballot and AGM papers are sent out ahead of ACCA’s upcoming elections.

Ball said she did not rule out future international council meetings for the
organisation, in line with its more global approach.

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