Why governance needs more accountants in the boardroom

Business

As CPA Australia opens Board nominations from 11-29 May, eligible members have an opportunity to bring accounting, governance and strategic leadership expertise to the profession’s highest level. 

13 May 2026 By CPA Australia 4 minutes read
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From 11 to 29 May, CPA Australia is inviting nominations for its Board of Directors, creating an opportunity for those with strong governance capability to help shape the future of the profession and the organisations it serves.   Board roles require more technical expertise, but accountants with strong strategic judgement, governance capability and leadership experience are increasingly well placed to contribute. 

Boards across Australia are operating under increased pressure. Economic uncertainty, regulatory complexity, cyber risk and rising expectations around transparency have lifted the bar for effective governance. As these demands grow, so does the need for directors who bring strong judgement, ethical leadership and financial insight.

Accountants are increasingly stepping into this space.

Why governance capability is in demand

Financial literacy is now a baseline requirement in the boardroom. Directors are expected to understand risk, interrogate performance and connect strategy with long-term value creation. These capabilities sit at the core of many accounting careers.

Beyond technical expertise, accountants are trained to analyse complexity, challenge assumptions and consider the implications of decisions over time. This strategic mindset is critical as boards navigate uncertainty while maintaining organisational resilience and trust.

For boards seeking clarity and discipline in decision-making, accountants bring a perspective that balances rigour with pragmatism.

Ethics, trust and accountability

Strong governance is built on trust. Regulators, members, investors and the community expect boards to act with integrity, transparency and accountability, particularly during periods of change.
Accountants operate within established professional and ethical frameworks, reinforcing their credibility as directors. This grounding is increasingly valued as boards face scrutiny across financial, social and reputational dimensions.

Ethical judgement is no longer an abstract principle; it is central to how boards lead.

Broader experience strengthens boards

Modern boards are also becoming more skills-based. Industry experience remains important, but many organisations are prioritising governance capability, risk oversight and strategic thinking above traditional pathways.

Accountants often bring experience from across public practice, commerce, government and not-for-profit sectors. This breadth strengthens board discussions and supports more informed, forward-looking decision-making.

It also opens governance pathways to professionals who may not have previously considered a board role, but who bring precisely the expertise boards now need.

Why CPA Australia’s Board matters

Serving on CPA Australia’s Board offers the opportunity to help guide one of the world’s largest professional accounting bodies. CPA Australia plays a central role in education, advocacy and professional standards, making Board service a chance to influence how the profession is supported, represented and governed at a time of significant change.  

A clear opportunity to contribute

Against this backdrop, CPA Australia’s Board of Directors nomination period (11–29 May) represents a meaningful opportunity for members to step forward.
Board service offers the chance to contribute to the strategic direction of the profession, uphold strong governance standards and bring professional expertise to the table at a crucial time.

For accountants seeking to make a broader impact, governance is not just a next step, it is a responsibility.

Learn more about the role, selection criteria and nomination process for a CPA Australia Board Director position.

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