The summaries provided 3 sentences or less on the key information from each document: The NSW Treasurer discussed the state's strong budget and economy due to fiscal discipline. The budget highlights infrastructure investment, job creation, and health and education services. Revenue comes from the federal government, stamp duties, and payroll tax. CPA Australia's chief executive discussed the organization's vision to be the best member services organization. The approach involves global governance, regulating technology, and reclaiming the financial services space. The strategy is to widen audiences and personalize the brand through disruption, integration, communication and entertainment. A Sydney Water executive outlined how measuring the value finance adds helped transform relationships. It established clear purposes for value

1. SYDNEY – DAY ONE
WRAP UP
Monday 19th October, 2015

2. Gladys Berejiklian MP
NSW Treasurer and Minister for Industrial Relations
Building our future – priorities for 2015-16
Key Points to remember:About the session:
Hear a landmark speech from the
Hon. Gladys Berejiklian MP - The
first female Treasurer in NSW
history.
The Treasurer will discuss the
Government’s economic and
financial priorities for 2015–16
and the way forward for the
State’s infrastructure investment.
The state of NSW has the strongest budget and economy in the nation.
This is due to the fiscal discipline the state government has put in place.
2015-16 NSW budget highlights:
- Strong financial and economic management with budget in surplus and a
Triple-A rating
- Building infrastructure
- Supporting jobs - create 150,000 in four years
- Delivering more services in health and education
2015-16 revenue totals $72.1 billion. Main sources of revenue in NSW:
40% from Federal Government
35% through state stamp duties
28% through state payroll tax
Now:
Jobs growing, unemployment rate is below the national average, business
confidence is up, housing approvals at high levels and retail trade growth
is above the national average.

3. Alex Malley FCPA
Chief Executive, CPA Australia
The future of the profession
In a rapidly changing world, the need for
innovative strategies is essential for the
accounting profession to maintain its
leadership relevance. And if the accounting
profession is to stay relevant, CPA Australia
must also.
Through pioneering thinking, CPA Australia
has revolutionised its reputation, influence
and relevance within the broader community,
while maintaining its traditional values.
Creating a dialogue based on trust between
CPA Australia and tomorrow’s leaders is not
only helping to future-proof the organisation,
but also the profession as a whole.
In this keynote session, Alex Malley will
provide his outlook on the profession and the
critical leadership role CPA Australia and its
members will continue to play.
Key Points to remember:About the session:
Vision: to be the best member services organisation in the
world.
The approach: Global Governance - how it can grow and
develop across borders. Regulation - strong relationship
with ASIC Technology and the empowerment of the
individual content and knowledge-sharing.
Financial services:
Accountants used to own this space. Now, the market is
crowded. This is a threat but more so an opportunity.
Accountants can reclaim this sector again, and members
can come with CPA Australia on this journey via CPA
Australia Advice.
CPA Australia's approach:
• Work in the public interest as well as on behalf of
members.
• Widening the audience to create interest in the CPA
Australia designation and brand.
• Personalisation of the brand.
• Four words: disruption, integration, communication and
entertainment.

4. Jim Mitchell
Chief Financial Officer, Sydney Water
The formula to business partnering –
telling the story behind the numbers
Key Points to remember:About the session:
How much value does your
finance team add to your
business managers? Jim discussed
the endeavour Sydney Water
undertook to measure the value
that finance added to partners
across the business-value chain.
This session focused on the
important role finance plays in
delivering the right messages and
information across all business
units.
Sydney Water undertook a transformation project to
measure the value that finance adds to partners
across the business-value chain.
Key learning included:
1. Get the foundations right - people and
relationships
2. Establish a clear purpose for value-adding
activity
3. Take an 'outward-in' approach to determining
what is valued
4. Focus on the wildly important shared goals and
deliver on key outcomes
5. Recognise and celebrate success!

5. Alistar Brown
Chief Financial Officer, Save The Children
Mergers – building your impact as a NFP
Description:
Australia’s NFP sector becoming increasingly overcrowded, mergers will
become more and more critical for the ongoing success of the sector.
Having recently been involved in the successful merger of Save the
Children and Good Beginnings, Alistair provided some first-hand
observations on the role of a CFO in facilitating a merger in the sector.
About the session:

6. Len Jui and Jessie Wong CPA
Len Jui is Partner and Head of Public Policy and Regulation, KPMG China and
Jessie Wong CPA is Director in Public Policy and Regulatory Affairs, Quality
Control and Risk Management, KPMG China
Corporate governance in Asia
An overview of the state of corporate
governance in enterprises in Asia and
recent relevant market and regulatory
developments. This session put the
spotlight on corporate governance
themes such as boards’ and audit
committees’ accountability,
composition and responsibilities, and
interactions with the external auditor,
shareholders and investors.
Presenters shared insights from recent
studies and surveys.
Key Points to remember:
Jessie Wong:
• The Singapore government has used
corporate governance to brand themselves
globally
• There has to be a market event in Asia to
trigger a corporate governance change in
Asian countries
• Japan enforces 100 per cent of its corporate
governance requirements
Len Jui:
• Different cultures, operating environments,
ownership structures, points of view,
regulatory regimes, business practice,
results - all effect corporate governance
• Myanmar, Brunei and Laos do not have
corporate governance codes
About the session:

7. John Carlin (Author and journalist) and
Quentin Hull (Sports Broadcaster)
Extended Session: DRIVEN
Key Points to remember:About the session:
What makes a champion? What
does it take to be the best in the
world at your sport?
John Carlin knows three of the
biggest names in global sport –
Rafael Nadal, Oscar Pistorius and
Lionel Messi. He has spent time
with them, spoken to those
closest to them, and written best-
selling biographies on two of
them.
He was interviewed by an ABC
Journalist on what drives these
people.
John Carlin says many sports people are driven to
success by their own insecurities.
Tennis champion Raphael Nadal grew up in a culture of
high achievement in Spain.
He is driven by his ferocious competitiveness but he is
also extremely obedient.
Oscar Pistorius is a man of absolute extremes. He was
an idol for so many people after he won gold at the
Olympics but things quickly changed. He is driven by a
desperate need to prove a point, and a need to impress
his mum.
Lionel Messi is magnificently uncomplicated. He's not
driven by resentment or insecurity.

8. Professor Paddy Miller (Spain)
Professor Management, IESE Business School, Barcelona. Co-author of Innovation
as Usual, published by Harvard Review Press
Extended Session: The innovation architect
Description: Key Points to remember:
Most organisations approach innovation as if it were a sideline activity.
Innovation expert Professor Paddy Miller recommends that leaders at all levels
become "Innovation Architects," creating an ecosystem in which people engage
in key innovation behaviours as part of their daily work.
For Paddy, this is how you turn team members into innovators.
About the session:

9. Josie Thomson
Resilience and Change Expert, Mindset
Building resilience and how to cope with
constant change
Seizing The Leadership Opportunity:
Building public-sector organisations to
cope with constant change is not a
challenge ... it’s an opportunity.
How can you seize this opportunity
while still delivering on your day-to-
day priorities? It’s about developing
effective leadership or "organisational
fitness".
Overall Result: Thriving in a constantly
shifting environment becomes an
organisational fitness and not just an
isolated cultural challenge
About the session:
• Our brain is on the lookout for
threats. Safety is first, happiness is
second
• You need to focus on "what you
want" not “what you don't want”
• Stress can be good and bad for you.
Too much stress causes distress
• Avoid - expression and suppression
• Do - label emotions, look at things
positively, distance yourself initially
then come back to the problem
Key Points to remember:

10. Dr Robert Kay
Co-Founder and Executive Director Incept Labs
Paradoxes of governance
Dr Robert Kay is a Co-Founder and
Executive Director of Incept Labs. He is
also an Adjunct Professor at
Macquarie University.
His career has continuously moved
between industry and academia. He
was formerly the Head of Strategic
Innovation at Westpac Banking
Corporation, a Senior Lecturer in
Information Systems and
Organisational Development at the
University of Techology, Sydney, and a
Research Analyst at Bovis Lend Lease.
Over the last couple of years Robert
has been commissioned to undertake
multiple studies of senior leaders. In
today’s session Dr Robert Kay spoke
about the paradoxes of governance.
Key Points to remember:
• Uncertainty is at the heart of
governance
• The cycles of governance:
reorganisation, conservation -
release – exploitation
• Trust is a fundamental part of
governance. It is created by patterns
of prediction, is very fragile and can
be easily lost
• Governance is not about finding the
right thing to do - it's about stopping
the wrong
About the session:

11. Dr Eva Tsahuridu
Policy Adviser Professional Standards and Governance, CPA Australia
Creating an ethical culture: Why and how
Key Points to remember:
Len Jui (Partner and Head of Public Policy and Regulation, KPMG China), Merran Kelsall
(Chairman Auditing and Assurance Standards Board), & Jessie Wong CPA (facilitator – Director
in Public Policy and Regulatory Affairs, KPMG China)
Panel discussion: Audit reporting shift – preparing for the future
About the session:
The decades long pass or fail
model of listed-company auditor
reporting is set to change
significantly, with the information
now being expressed through a
new “key audit matters” section
designed to reduce the ubiquitous
expectations gap, while enhancing
the relevance of the audit
profession.
This panel aimed to explore the
new requirements, the challenges
they bring, and how to approach
them in practice.
Here are the key features of the new and revised
Auditor Reporting Standards:
• Audit opinion - required to be presented first
• Key audit matters - required new section for listed
entities
• Going concern - additional focus
• Other information - new section
• Auditor responsibilities for the audit; explicit
statement - independence and ethical
requirements; engagement partner name (listed
entities)
New and revised Auditor Reporting Standards are
effective for periods ending on or after 15 December
2016

12. John Carlin (Spain – Author and journalist) and
Professor Paddy Miller (Spain – Professor of
Management, IESE Business School, Barcelona)
Business lunch 3: Mandela – leadership genius
This presentation is based on John Carlin’s
book Playing the Enemy – Nelson Mandela and
the game that changed a nation, which was
made into the box office hit movie "Invictus"
about the 1995 Rugby World Cup and how
Nelson Mandela used that event to unite a
country.
Carlin and Miller retrace the decision of Nelson
Mandela to join forces with the South African
national rugby team to heal the wounds of the
past and usher in a new democratic era that
brought together a nation on the brink of racial
civil war.
They also demonstrate how Mandela’s strategic
vision, people skills, powers of persuasion and
talent for negotiation offer light and inspiration
to all leaders in all walks of life.
This highly visual and entertaining leadership
presentation uses rare archival footage, unique
photographs and interviews in a most powerful
and entertaining way.
Key Points to remember:
Nelson Mandela’s legacy lies in the lessons about leadership he left for all of
us.
His Leadership lessons include :
• Deal with your enemies: – sometimes these are people and factions in
your own camp.
• Use the power of symbols: - He transformed symbols of division into
instruments of reconciliation and nation building.
• To change hearts, win hearts:- this is the most effective and lasting way
to overcome deep seated prejudices and entrenched positions.
• Form Alliances:- sometimes you may have to do this with your enemies or
rivals, winning them over to your cause by zeroing in on shared self-
interests.
• Negotiate and be inclusive:- Mandela realized that the best way to
achieve his strategic vision was not through imposing his will on others,
but by persuasion, negotiation and inclusivity. That is ultimately what
wins hearts and minds.
About the session:

13. Darren Schaeffer FCPA
Managing Director, Curijo Pty Ltd
Public sector budgeting
Key Points to remember:About the session:
A former public sector
department CFO and now
consultant, Darren gave his
insights into the importance of
budgeting in the public sector.
He outlined the tips and traps
for finance professionals in this
space, shared his views on what
makes for a great budget
outcome, and spoke about the
future of budgeting in a
constrained, contestable and
collaborative environment.
Presented by a former departmental CFO, this session
covered tips and traps for finance professionals who work in
the public sector budgeting space.
Actions:
1. Make the case
2. Know your decision makers and what motivates them
3. Know the political change agenda
4. Know the frameworks
5. Take the language and keep it simple
6. Create a trusted, credible loyal and capable team
7. Understand what motivates the team and motivate them
(including self)
8. Get the numbers right and the story to match
9. Believe and trust in yourself
10. Be internally visible and empathetic

14. Simon Rountree
Chief Executive Officer, Camp Quality
Innovative concepts to improve staff wellbeing AND business
performance
Description:About the session:
Social impact is often defined as the net effect of an activity on a community,
individual or family.
Camp Quality believe that social impact is also about providing tools for their staff
that are positive, meaningful, sustainable and measurable in order to build their
overall optimism, resilience and well-being.
This session explored how Camp Quality expanded the way their people think in
order to create positive change for the individual, for their family and for the
communities they live in.

15. Joycelyn Morton FCPA
Chairman and Non-Executive Director, Thorn Group Limited
Taking the next step toward directorship
Description:
Contained information for if you’re considering becoming a company
director.
Joycelyn examined essential aspects of the company director role,
including risks and pitfalls for independent directors, the role and its
responsibilities, and the business and personal benefits that will
accrue.
About the session:

16. Elizabeth Moore
Director of Research, Insights and Analytics - Telstra
Using data analytics to drive operational excellence
Key Points to remember:
How do you take your data to
the next level?
How do you make sense of
the data and identify which
data sets are important, nice
to have, irrelevant or
confusing?
How can you add value by
deriving valuable insight to
drive business performance
and customer experience?
About the session:
• Machine Learning is a range of different techniques that
use the increased compute capacity in today's machines to
find and model hidden relationships in data
• It allows company's to unleash the value of investments
being made in Big Data platforms
• Machine Learning is 250 per cent better than traditional
statistical techniques
• Harnessing Machine Learning requires extensive business
change management
• You need to ensure that the data you are using will result
in an effective outcome or change to justify its use

17. Jonathan Chapman
“Bored reporting” – an insight into board
and executive report writing
A practical guide to writing
reports for the Board and the
Executive, that you can easily
remember and apply
immediately to enhance your
reports.
Whether you are a seasoned
report writer or just starting out,
these insights will help you move
from "the numbers guy" to the
storyteller.
Key Points to remember:About the session:
7 rules to follow to tell a great story in your board report and get
noticed:
Rule 1. Know the audience, know thyself - boards set strategy and
mitigate risk. Your report must include this because it's what they
really want to know.
Rule 2. Get to the point - make the report short (3-5 pages) and tell
them exactly why they're reading it. If it's to make a decision - tell
them.
Rule 3. Are the numbers important? Not as much as telling the story.
Outline the business drivers, don't just describe whether numbers are
moving up or down.
Rule 4. Substance over form - use appropriate tone, voice and
grammar. Don't over-capitalise words, don't assume prior knowledge
and don't use abbreviations.
Rule 5. Consistency - one voice - make sure the many contributing
voices sounds like one voice to the reader.
Rule 6. Have a style guide - give it to the contributors to follow. The
reader will instinctively react in a more positive manner if a report is
aesthetically pleasing.
Rule 7. Elevator conversation - prepare a one minute summary about
the report for when you run into the GM/CEO/Chairman

18. Silvia Damiano
Founder and Chief Executive Office,
About My Brain Institute
Ignite 1: Leadership is
upside down
Holly Ransom
Chief Executive Officer and Global
Strategist, HRE Global
Ignite 2: How to grab the attention of
the generation of short attention spans
Mark McCrindle
Social Researcher
Ignite 3: Bringing
research data to life
Key Point to remember:
You don't need a title to be a
leader
Key Points to remember:
• You only have seven seconds
to grab the attention of the
millennial generation
• Companies need to get their
attention because millennials
are the largest generation in
the workforce
Key Point to remember:
It's a visual world, so the way
we communicate ideas needs
to change to what people want
to see

19. Stay tuned for the
Day Two Wrap Up
tomorrow at
cpaaustralia.com.au