robert hodgkinson, executive director, technical thought leadership
TRANSCRIPT
Robert Hodgkinson, Executive Director, Technical
Thought Leadership
Aim of presentation
Share ICAEW thought leadership experience
Why ICAEW does thought leadership
Why ICAEW does thought leadership
• A profession is built upon a body of knowledge
• Professional institutes inspire public confidence in their members' knowledge
• A profession's body of knowledge needs to develop and respond to a changing world
• The ICAEW charter requires it to 'advance the theory and practice of accountancy'
• ICAEW acts as a bridge between academics and practitioners
What thought leadership involves
What thought leadership involves
• Commitment to long-term programmes
• Identification of continuing themes
• Belief in the benefits of diversity and collaboration
• Willingness to learn from experience and evidence
How ICAEW does thought leadership
How ICAEW does thought leadership
• Programmes that cover activities of ICAEW and all its faculties
• Input and oversight from members and non-members
• Interaction of practitioners and academics
• ICAEW events and participation in non-ICAEW events
• Papers written by ICAEW staff, independent academics and others
Benefits of thought leadership
Benefits of thought leadership
• Practical input to a wide range of academic research
• New insights and appreciation of different perspectives
• Guidance that members can apply in practice
• Access to governments, regulators and public policy making
• Confidence in our institute, qualifications and members
Examples of ICAEW thought leadership
Examples of ICAEW thought leadership
• Annual Information for Better Markets conferences
• 'Measurement in financial reporting' and 'Developments in new reporting models'
• Audit Quality Forum work on national application of international standards
• 'Alternatives to audit' and 'Sustainability: the role of accountants'
• 'Reporting with integrity' and 'Instilling integrity in organisations'
Challenges of thought leadership
Challenges of thought leadership
• Policy makers and other practitioners like certainty
• Some activities and results are not popular with everyone
• Some organisations' thought leadership is of poor quality
• It is difficult to take account of differing national circumstances
• Effective engagement requires substantial resources
Summary of presentation
Summary of presentation
• Thought leadership is fundamental to professional institutes
• A long-term commitment to developing knowledge is needed
• There is a wide range of potential benefits from thought leadership
Discussion points
Discussion points
• Relevance to CICPA of ICAEW thought leadership experience
• Opportunities for CICPA and ICAEW to work together