• Register
Return to: Home > News > Professional Bodies > CA ANZ reports drop in revenues but rise in membership

CA ANZ reports drop in revenues but rise in membership

by Federica Tedeschi

The Chartered Accountants Australia and New Zealand institute (CA ANZ) has published its annual report 2017, highlighting revenues of $6.77m, down from $8.18m in the previous year, which the institute attributed to ongoing strategic investments in technology and member programmes. Further figures show a net full membership growth of 3.3%, as member subscription revenues continue to grow.

Aiming to return to surplus in FY18, the institute has spent the last twelve months focusing on investing in technology and education.

Having also invested in marketing initiatives to strengthen the value of the CA designation and uphold the importance of the profession, CA Australia and New Zealand has secured a strategic alliance with the Association of Chartered Certified Accountants (ACCA), which has not been budgeted for, yet.

Last summer the institute welcomed its new CEO Rick Ellis.

Plans for the future include a partnership with NSW Government and CPA Australia to sponsor and deliver the World Congress of Accountants, to be held in Sydney in November 2018. The international event is expected to contribute a significant economic boost to the state and offer members the opportunity to engage with global leaders in the business.

Top Content

    Addressing tax challenges and the digitisation of the economy

    As the economy becomes even more globalised through digital sources, the tax systems currently in place need to be scrutinised to examine whether they are still fit for current and emerging business models. Joe Pickard reports on the OECD’s approach to this issue.

    read more

    Primary financial statements: a game changer in reporting?

    International Accounting Standards Board chair Hans Hoogervorst delivered a speech at the Seminario International sobre NIIF y NIF, organised by the Consejo Mexicano de Normas de Información Financiera in Mexico. The Accountant presents the highlights.

    read more

    FASB readies standards for the netflix generation

    The US Financial Accounting Standards Board (FASB) has updated its accounting standard for entertainment, with a specific eye on keeping up to date with how episodic content, such as television programmes, is consumed in the modern world. Jonathan Minter reports.

    read more

    Brexit: why it takes two to tango

    Former TA editor Vincent Huck, now editor of Insurance Asset Risk, looks at why Brexit might unleash geopolitical intrigue in Europe’s accounting standard-setting scene – and why IFRS 17 will be an incredible source of opportunity for firms in the coming years.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.