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Southern newsletter, January 2020

News from the Southern District Society.

Our New Regional Director

Bev Waters started as ICAEW regional director south and south west early in December, 2019, and is based at her home, in a small village north east of Dorchester. She joined us with an in-depth knowledge of ICAEW, having worked at Chartered Accountants Hall in London for almost 10 years as senior strategic relationships programme manager, heading a team that looks after the top 30 accountancy practices alongside the ICAEW executive team.

Bev’s engagement with the profession goes back much further than the decade with ICAEW, however. She previously led on marketing and business development for several accountancy firms in Surrey.

“I’m really glad to be working in the area, developing services and opportunities for ICAEW members,” Bev said. “My initial priority is to attend as many district society events as possible, getting to know people and hearing what they want from ICAEW.”

Martin Cavey, president of ICAEW Southern added: “I’m sure that Bev’s experience and knowledge of the institute and the profession will be of great value to us - she is already bringing fresh and interesting ideas, and I shall enjoy working with her during remainder of my presidency. I would also extend thanks and good wishes to Martin Warren, her predecessor, on the next phase of his journey, serving ICAEW in Wales.”

The year ahead

ICAEW Southern has been planning a lively and widely varied programme of events for 2020. “We’ve tried to have something of specific interest for each part of the district society’s demographic,” said Martin Cavey, “and provide an easy start for the next president and committee, who will be elected in May. Succession planning is just as important for societies and not-for-profits as it is for businesses, since virtually everyone is battling time pressures these days.”

The activities for 2020 include: A technical event, a women’s event, and event centred on the trustee tool kit, an Isle of Wight activity, since that part of our area hasn’t been well catered for in the past, CABA events, plus activities for retired members, sole practitioners and young members.

In addition, the annual dinner, members in business breakfasts and Making Accounting Great Again will be returning as usual. ICAEW Southern is also pressing on with the development of a new iteration of town groups.

Details of some of these events are below. We warmly invite you to attend as many as you can.

The Annual Dinner, 2020

This year’s Annual Dinner takes place at the Royal Southern Yacht Club in Hamble-le-Rice on Friday 20 March, and we’re delighted to announce that the guest speaker will be the distinguished international human rights and media lawyer Mark Stephens CBE.

Mark has been asked to explain to us why human rights are important to chartered accountants, and we are anticipating fascinating, and probably unexpected answers, given his sparkling CV.

Established in 1837, the Royal Southern is recognised internationally as a top yacht racing club, which offers a warm welcome and comfortable modern facilities. It has over 1,700 members, owning over 600 boats. The club’s primary aim is to promote both sail and motor yachting for all ages. It regularly host national and international competitions in addition to its own monthly regattas and social activities, and welcomes functions such as ours.

Once again, the dinner is being sponsored by CMA Recruitement Group. Tickets are available via Natalie Buckman. Be sure to book early.

Excellent Women

ICAEW Southern’s women’s event is scheduled for 21 April 2020, when we’ll be celebrating the centenary of ICAEW’s first female chartered accountant, Mary Harris Smith, her achievement, and today’s high achievers across the board. Our speakers will be considering the issues that face able and ambitious women, and how they can overcome the traditions and prejudices that combine to hamper their progress in the workplace.

We are delighted to announce that we have two impressive female speakers from the worlds of sport and the military, whose experiences will likely resonate with those that arise in business and professional environments. Both men and women are encouraged to attend, since we all have much to learn.
Watch out for full details in the next edition of this newsletter - and be sure to reserve the date.

Town Groups

ICAEW Southern is now working to establish a network of town groups across our region, in addition to the highly successful Dorchester group. The aim is to connect members, and ideally sole practitioners, within their immediate areas so that they can feed back to the district society or the institute itself, should they need any tools or specific assistance.

So far we have embryonic town groups in Basingstoke and Salisbury. They can be expected to meet three to four times a year with, hopefully, 10 – 12 people attending. As it’s still early days, there are no chairs or formal structure to the groups, but all that will follow in in due course. Anyone who is interested in joining - or creating a group - should contact Natalie Buckman in the first instance.

ICAEW News

We’ll be bringing you a item of ICAEW news each month, and for January, we’ve picked the revised ICAEW Code of Ethics which came in to force on 1 January 2020. It’s important because the Code applies to all members, students, affiliates, employees of member firms and, where applicable, member firms, in all of their professional and business activities, whether remunerated or voluntary.

These links can be used to access the Code, and there is a lot more information on the ICAEW website:

About the Code

Chartered accountants are expected to demonstrate the highest standards of professional conduct and to take into consideration the public interest. Ethical behaviour by chartered accountants plays a vital role in ensuring public trust in financial reporting and business practices and upholding the reputation of the accountancy profession. The Code helps our members meet these obligations by providing them with ethical guidance.

And finally…

“Best wishes for a happy, fulfilling and successful year to all ICAEW Southern members from all of us. Be sure to look out for the February newsletter for the latest on our activities - it’s going to be a good year.”

From Martin Cavey, Ashley Milne (deputy president), James Wallis (vice president) and the entire committee of ICAEW Southern.