The New Zealand Institute of Chartered
Accountants (NZICA) has strengthened reciprocal membership
agreements with several institutes and elected a new leadership
team.

The reciprocity agreements are with institutes in England and
Wales, Scotland, Australia, South Africa and Hong Kong. New Zealand
members will be able to join these institutes – and vice versa –
directly upon application. Access to reciprocal membership
previously depended on applicants passing a qualifying aptitude
test in local tax and law. The new agreements put aside this
membership test, although it does remain for certain public
practice situations.

The renewed agreements also allow compliance with the other
bodies’ continuing professional development requirements to be
accepted by NZICA, thus avoiding a doubling up of requirements.

NZICA chief executive Terry McLaughlin said the agreements rest
on a long history of the institutes working together.

Institute of Chartered Accountants in England and Wales (ICAEW)
chief executive Michael Izza said the agreement reflects closer
working relations between the bodies.

“Removing barriers for our members across markets through
agreements such as this is an important part of our international
strategy,” he said.

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The NZICA has also elected a new leadership team, including
president Linda Turner. Turner is head of the school of business at
the Eastern Institute of Technology, Hawke’s Bay, and previously
ran her own HR business and worked for KPMG Consulting.

She has been actively involved with the institute for several
years and served on the Auckland branch committee between 1997 and
2002. She joined the institute’s council in 1998.

Turner is also a member of the institute’s admissions appeal
tribunal and the nominations, remunerations and research/PhD
selection committees.

Joining Turner on the NZICA leadership team are first
vice-president Dinu Harry, who is a director of Auckland chartered
accountancy practice Bertelsen Harry Walters, and second
vice-president Ross Jackson, who is managing partner of McCulloch
& Partners.

Jorge Alvarez