Chapter one General Rules
Article 1, Association of Chinese Accountants Australia (ACAA) was incorporated in New South Wales on 29 September 2016, and the Rules also has been established since then.
Article 2, Association of Chinese Accountants Australia is an organisation established and organised by Chinese accountants in Australia. And ACAA is a non-profit organization that is legally incorporated in Australia.
Article 3, The purpose of ACAA
ACAA carries out its vision, objective and activities with the Australian Chinese Accountant community, in furtherance of its core charitable purposes:
(a) to advance education; and
(b) to promote reconciliation, mutual respect and tolerance between groups of individuals in Australia.
Article 4, ACAA operates in accordance with the law and accept members’ advice and guidance.
Chapter Two Responsibilities
Article 5, the main responsibilities of ACAA are:
(1) To absorb and manage members of the association, keep basic information of members and guarantee the information security.
(2) To create a communication platform, promote the interaction among members, and create opportunities and provide direction for members to develop at all levels.
(3) To actively seek job opportunities, and provide information and guidance for Australia Chinese Accountants.
(4) To actively seek corporate interaction and provide information and help for Australia Chinese Accountants.
Chapter Three Members
Article 6, the association member is composed of corporate member and individual member.
Corporate Member: All legally established companies, firms and other social groups in either Australia or China can submit an application to our association and become a corporate member. Applications must be approved by the association.
Individual members are divided into the following three categories:
Funding member: The founding member group is composed of members who are specially invited by the founders of the association and have relatively broad professional experience or influence in the accounting industry. Founding members voluntarily share their growth experience and industry experiences to other members, and consciously contribute to the association’s promotion and development. In principle, founding members will not be added after the association is formally established.
Professional Member: The accountant who can apply and become a professional member of the association should be those that have obtained the following professional qualifications, are approved by the association, agree with the purpose of the association and agree to comply with the association’s rules.
澳大利亚公共会计师(Institute of Public Accountants)
中国注册会计师 (CPA China)
香港注册会计师 (CPA Hong Kong)
新加坡注册会计师 (CPA Singapore)
其他广泛认可的专业资质(Other widely recognized professional qualifications)
Ordinary Member: Those who have not obtained the above professional qualifications but meet any of the following conditions and agree with the purpose of the association as well as agree to comply with the association's rules can apply to become an ordinary member.
Students who are studying accounting majors at university
Those who have obtained a university degree in accounting related majors
Potential members of the professional institutions listed above, or those who are studying and obtaining the professional qualifications listed above.
Those who are working on accounting related jobs.
Article 7: Association members (corporate and individuals) can enjoy the following benefits:
(一) All members of the association can have access to directory on the association’s official website and provide external query.
Corporate members can use the title of “ACAA Corporate Member” or “Association of Chinese Accountants Australia Corporate Member”
Individual professional members of the association can use the title of “ACAA Professional Member” or “Association of Chinese Accountants Australia Professional Member”.
Individual ordinary members of the association can use the title of “ACAA Ordinary Member” or “Association of Chinese Accountants Australia Ordinary Member”.
(2) Provide good suggestions and advice for the association’s development;
(3) Participate in various activities, such as learning and training, exchanging experience, organised by the association (different training and activities will be provided according to the membership types); members approved by the association can enjoy the membership price of the event.
(4) Participate in the summit organized by the association (there will be different targeted summits according to the membership type)
(5) Obtain technical and academic support from the association;
(6) Supervise the work of the association and make suggestions in good faith;
(7) Withdraw from the association in accordance with regulations.
Article 8, Individual members of the association shall perform the following obligations:
(1) comply with the association’s rules
(2) pay membership fees on time
(3) Comply with the code of ethics related to accountants
(4) Comply with disciplines of training, activities, etc.
(5) Obey the order and discipline of online interaction;
(6) Consciously protect the professional reputation of Chinese accountants and maintain the unity among members.
Article 9, Termination of membership
(1) Members need to pay their membership fees on time. If they fail to pay their fees on time and also do not pay it after constant requests, their membership will be automatically terminated.
(2) The membership will be automatically terminated if members fail to comply with relevant laws and regulations and are expelled from an accounting professional institution.
(3) If a member applies to withdraw from the association, he or she can choose to terminate his or her membership.
(4) If a member has already terminated his or her membership, he or she will need to resubmit an application and obtain the association’s approval if he or she wants to re-join ACAA.
Article 10, relevant domestic and foreign professionals, who have made significant contributions to the Chinese accountant industry, may be awarded the title of “Honorary Member “of the association, if they are recommended by the relevant parties and approved by the board of directors.
Article 11, Individual members, who meet the conditions set by the association, may be awarded the title of “Senior Member” of the association upon approval by the board of directors.
Chapter Four The Board of Directors
Article 12, The board of directors is responsible for setting the development direction of the association and supervising the association’s daily operation. The board of directors is led by the chairman, and followed by the chief executive officer, the chief operating officer and the chief financial officer. The initial board members are recommended and appointed by the founder of the association.
Chapter Five Permanent executive body
Article 13, The operation department of the association is responsible for the daily management and operation of the association, and implementing the strategies developed by the board of directors. The chief executive officer (CEO) and the chief operating officer (COO) cooperate with each other and are fully responsible for the operation department.
Chapter Six Professional committee
Article 14, The board of directors has a number of professional committees. The professional committee is responsible for handling professional and technical issues in the industry development and is also responsible for the board of directors. The establishment, adjustment, specific duties and operation rules of each professional committee as well as the appointment and dismissal of committee members, shall be proposed by the CEO or COO and approved by the Board of Directors.
Chapter Seven Funds
Article 15, the source of funds for the association:
（四）协会依法开展活动或提供服务的收入；(Income from activities or services provided by the association in accordance with the law)
Article 16, Membership fees are divided into individual membership fees and Corporate membership fees. Individual membership fees are adjusted annually by the Operation Department based on operating costs and reported to the Board for approval. Full-time students should be given appropriate discounts for the individual membership fee.
The current year’s membership fee can be waived if the founding member can provide more than 4 hours’ lecture or other forms’ assistance to the association.
The membership fee is paid in one lump sum, and it is charged once a year.
Article 17, the association funds are used for carrying out responsibilities of the association set by the rules.
Article 18, the association establishes a financial accounting management system in accordance with the law to ensure the authenticity and integrity of accounting information.
Chapter Eight Additional Rules
第十九条 协会的英文名称为Association of Chinese Accountants Australia, 简称为ACAA。协会地址设在悉尼。
Article 19, the English name of the association is “Association of Chinese Accountants Australia”, or ACAA for short. The address of the association is located in Sydney.