Dear YAA Members,
It has indeed been a long while since I have written to you about our being as a young and vibrant accountants’ organization. I trust that it is high time doing so.
First of all, I would like to express my heartfelt thanks to you all for your support and in particular unreserved zeal over and commitment to the causes YAA has been working on so far. I must admit that in most of the times we are not living up to your expectations in absolute terms as we have failed in several fronts. We have the ideal to inject fresh ideas and practices into the profession which we believe should be conducive to the nurturing of quality accountants. In particular, we have strived to make inroads into the decision making body of the profession i.e. HKICPA. We were successful in electing 3 of our core YAA members into the council of HKICPA in 2010-2011. While higher volume had been turned up during the various debates in council sessions to protest for better governance of the Institute, we have all seen that vested interests and parties of establishment have firmly gripped the power to whom valuable resources are directed and allocated. They just want to remain status quo and have tightly protected their perimeter of interests. Without a systemic change, the profession is definitely going on forever they want it.
Young accountants are the pillars of this profession, yet we do not have a fair share of the power and opportunity to direct the profession in a more balanced way. We don’t mind we are the ones working through the holidays, performing stock-takes on New Year eves, curling under the blanket in a remote rural motel documenting the audit findings, staying up till early morning for bulk-printing, etc. However, respects are due from our bosses. In fact, young accountants deserve better treatment not just in a superficial way but a more respectable way with deeper participation in the formulation of the policies of the profession.
Having said the above, young accountants should also pay more attention to the affairs of the Institute and the profession. The most powerful weapon in our hands are our votes. If you do not vote, no one knows what you want and how much you want it. Therefore, cast your votes in many occasions as you can. Then we are more readied to revolutionize the system and impose systemic change to it.
May I also take this opportunity to wish you a Prosperous and Successful Year of 2012 and the Year of Dragon!
Cheers,
Horace
President
Young Accountants Association