Accountants as Board Directors

According to a new survey of chartered accountants in Canada, more than a quarter of them hold at least one board position.

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More than half of these serve on the board of a social or charitable organization; 30% are directors of a privately held company; 9% serve on the board of an industry or trade association and 8% serve on the board of a public company or one of its subsidiaries.

The survey findings also suggest that compensation is not a primary reason accountants choose to act as directors — only 10% of respondents serving on a board receive any compensation for their role. And, among these, the median compensation is $28,000.

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Posted at April 2, 2008
Filed Under BSG [CPA TRENDLINES] | 1 Comment

Comments

One Response to “Accountants as Board Directors”

  1. ooopinionsss on December 2nd, 2008 9:56 pm

    How you think when the economic crisis will end? I wish to make statistics of independent opinions!

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