The Institute of Chartered Accountants Australia (ICAA) and New Zealand Institute of Chartered Accountants (NZICA) has announced a full member vote on whether to merge the two professional bodies into a single Trans-Tasman institute.

The vote will take place from 1 October through to 1 November, and the results will be announced in November.

"The feedback from our members has indicated widespread support for going to vote on the proposal to form a new institute. As a result, and following further work, we are unanimous in our decision to put it to a member vote," NZICA board chair Graham Crombie said.

ICAA president Tim Gullifer said the merger would give both institutes a greater global influence and would create a more sustainable body with increased policy and advocacy capabilities.

If the ICAA and NZICA members vote in favour of the proposed institute, the merger is expected to be carried out in 2014.

Related article

ICAA, NZICA launch Trans-Tasman Institute consultation

Related links

One New Institute

Institute of Chartered Accountants Australia

New Zealand Institute of Chartered Accountants