The 75th CPA Australia – University of Melbourne Annual Research Lecture
Changing the image of the profession: the fight for economic reality in accounting and the increasing value of the audit
The University of Melbourne and CPA Australia 2014 Annual Research Lecture was presented by Sir David Tweedie on Monday 13th October 2014. This year’s event marked the 75th installment of what is the longest continuously running lecture series of its kind. Endowed by CPA Australia, the lecture series was established for the purpose of promoting and stimulating research and encouraging original contributions to accounting. This complimentary session is being held as part of CPA Congress and is available to all members of the public.
At the 75th Annual Lecture presenter, Sir David Tweedie discussed the politics involved in forcing through change in accounting; questionable valuations; and the necessary and uncomfortable revolution required to position the audit in the centre of the financial reporting system and to transform its image.
Presenter: Sir David Tweedie
Sir David Tweedie was educated at Edinburgh University (BCom 1966, PhD 1969) and qualified as a Scottish Chartered Accountant in 1972. After teaching at Edinburgh University he became Technical Director of the Institute of Chartered Accountants of Scotland (ICAS) in 1978. In 1982 he was appointed national technical partner of Thomson McLintock & Co and later of KPMG.
In 1990 he became the Chairman of the UK Accounting Standards Board (ASB) and in January 2001 was appointed the first Chairman of the International accounting Standards Board (IASB). He then led the Board for ten years, retiring in June 2011.
He is a Fellow of the Judge Business School at Cambridge University and a visiting Professor of Accounting in the Management School at Edinburgh University. He has received honorary degrees from nine British Universities. He was knighted in 1994 and has been presented with a number of awards from the Accounting Profession. He was inducted into the Accounting Hall of Fame in 2013
Sir David became President of the Institute of Chartered Accountants of Scotland in April 2012 (until April 2013) and Chairman of the International Valuation Standards Council (IVSC) in October 2012. He chairs the Royal Household Audit Committee for the Sovereign Grant and is also Chairman of the Board of Trustees of the Scottish Charities, Leuchie House and the ICAS Foundation.’