AIA Accountant of The Year

Following on from my earlier note, about being nominated for "Accountant of The Year" for The Association of International Accountants (AIA), you may be interested to know that I have made it through to the finals.

Ken

AIA President's Awards 2007

Congratulations to the finalists and to all those who were short listed. Winners will be announced at the President's Dinner on 21 November 2007.

AIA Accountant of the Year

Finalists
Ken Lever, Helen Weir, Ken Frost.

Short listed
Ken Lever, John Griffith-Jones, Helen Weir, Jon Symonds, John Connolly, Ken Frost.

Criteria

An award designed to recognise organisations' accountancy stars. Firms, businesses and institutes are encouraged to make nominations, though individual entries are also welcome. Open to all qualified accountants whether in business, practice or public services.

• Nominees must have demonstrated sound judgment, technical skill, innovation and leadership ability.


• Nominees must have demonstrated dedication to clients.


• Nominees must stand out from their colleagues as an accountant who has made significant impact, taking into account the length of their career in accountancy and any notable obstacles they have had to overcome.


• Nominations should include any work related activities undertaken and broader contribution to the profession.


• Nominations should include their contribution to the community.

Source AIA

The two other finalists are:

Ken Lever

Finance Director Tomkins plc
Age: 52

Appointed to the Board of Tomkins plc in November 1999. He is a non-executive director of iSOFT Group plc. He is a Chartered Accountant and a member of the ICAEW Financial Reporting Committee and Chairman of the Hundred Group Financial Reporting Committee. He has held executive directorships at Albright and Wilson plc, Alfred McAlpine PLC and Corton Beach plc and was a partner in Arthur Andersen.

Helen Weir

Group Finance Director Lloyds TSB

Joined the board in 2004. Group finance director of Kingfisher from 2000 to 2004. Previously finance director of B&Q from 1997, having joined that company in 1995, and held a senior position at McKinsey & Co from 1990 to 1995. Began her career at Unilever in 1983. A non-executive director of Royal Mail Holdings and a member of the Accounting Standards Board. Aged 45.

Nomination

I am now back in the UK, having had a very sucesssful business trip to Pyongyang, and thought that you may be interested/amused to see that I have been nominated for Accountant of the Year for the Association of International Accountants (AIA) in the AIA President's Awards 2007.

The Association of International Accountants (AIA) was founded in the UK in 1928 as a professional accountancy body and from conception has promoted the concept of "international accounting" to create a global network of accountants in over 85 countries worldwide.

AIA is constantly working with its people and partners in financial centres worldwide to encourage trust, clarity and shared international standards in the accounting profession. Many of its members are at the top of the industry, from senior management to director level, representing some of the most important and profitable firms in the world. With a select membership demographic including high numbers of these influential decision makers, the AIA is a truly prestigious organisation.

Please note, that I have not won it...nor am I yet in the shortlist.

The award is designed to recognise organisations' accountancy stars. Firms, businesses and institutes are encouraged to make nominations, though individual entries are also welcome.

Open to all qualified accountants whether in business, practice or public services.

• Nominees must have demonstrated sound judgment, technical skill, innovation and leadership ability


• Nominees must have demonstrated dedication to clients


• Nominees must stand out from their colleagues as an accountant who has made significant impact, taking into account the length of their career in accountancy and any notable obstacles they have had to overcome


• Nominations should include any work related activities undertaken and broader contribution to the profession


• Nominations should include their contribution to the community

Best regards

Ken

ICAEW Clueless

The ICAEW is clueless, not my words this time but Dennis Howlett's.

Maybe Dennis was thinking about handling of the recent ICAEW Council nominations.

In November the ICAEW wrote to all members, informing them that Croydon had no representation from members "not in practice".

"Election to the vacancy will therefore be 'assured' for a member not in practice provided one or more such candidates come forward..."

Election procedure 18 states:

"To redress the under-representation on Council of members not in practice and, in particular, of members in business, the Council has agreed that, for the years 1995-2007 inclusive, it will 'assure' one seat per constituency for a member not in practice..."

Well, I am not in practice, and I am in business. I offered to stand, and advised the ICAEW as such; but noted that although I know many ICAEW members nationally who would sign my nomination, I knew no one in Croydon.

Despite this, they refused to notify members of my wish to stand.

Given that they could not have possibly known, before nominations were in, as to whether there would have been a non practising member standing, and given that they were asking for non practising members to stand, I wonder why they did not help me inform the members of my wish to stand?

Or maybe I don't:)

The ICAEW Bunker is welcome to comment.

Thank You

I would like to thank all of you who wrote, and called me, offering support in my attempt to stand for ICAEW Council.

Regrettably the ICAEW and Croydon District Society refused to inform Croydon members that I wished to stand.

As such, only one of those who offered support lived in Croydon.

Therefore ICAEW Council will have to manage without me.

It is ironic that at a time when the ICAEW claims that it wishes to take a more active role on the international stage, it is still using a voting model (local constituency based nominations and votes) more suited to a Victorian trade association.

However, do not be downhearted, this site will continue!

The Times Supports Frost

My thanks to The Times, which has come out in support of my candidacy for the ICAEW Council elections:

"Ken Frost has found one Croydon accountant, so it’s nine to go. As I wrote the other day, Frost, a long-standing critic of the accountants’ professional body in England and Wales, wants to stand in elections to its council. But according to the peculiar rules of the ICAEW, he needs ten nominations first from members of his local association. One has come forward, he tells me, and I may be able to put him in touch with another, if Herne Hill in South London is deemed sufficiently local. The ICAEW insists the rules must be observed in all cases. Frost must run!"

Let us see what happens!

Closed Shop

Accountancy Age report that the ICAEW has named three candidates up for election as the institute's vice-president.

David Furst, Dennis Cox and Hilary Lindsay have applied for the role.

The successful candidate serves in the position for a year, before serving as deputy president for the same term, and then president the year after.

Two questions:

1 When were the nomination lists opened, and publicised, to the membership?

2 Why are the members, as a whole, not allowed to vote?

This does really rather resemble a closed shop, hardly the best structure for an organisation that claims that it wishes to be at the forefront of the profession in the 21st century!