Page 38 - Chartered 150 - A Sesquicentenary Special Issue
P. 38

    Carol McLachlan
troubling 80s and continuing to carry the baton through three centuries of uninterrupted leadership.
And that is another measure of Liverpool’s greatness.
Year after year we on-board
a talented, enthusiastic and active committee. We are one of the few societies who are NEVER lacking in the leadership succession stakes; for 150 years we have fielded a full team of vice, deputy and president.
Leading this society is a humbling role but also one
to take enormous pride
in – and that is thanks to my predecessors – those stalwart men and those wonderful five women.
That is what you call a legacy – to follow in the footsteps
of these great people whose business legacy we reap today.
for your Society’
So what can you do?
• Become more involved.
• Cometoourexcellentcourses
and conferences.
• Investasmallamount
of your precious time in
furthering its work.
As we reflect on 150 years of history we must look forward, acknowledging that we stand
on the shoulders of giants and using that foresight to search
for those things we can change, those things that we can improve and those ways in which we can serve in the future to make the next 150 years even greater than the last.
So thank you for your support in 2019/20 and earlier, and please consider how you can be a part of the Society not apart from it in the future.
    n I always knew about our very special heritage as the first founding member of, what went on to become, the ICAEW.
However, it wasn’t until I was actually fully immersed in my presidency role and part of my own infamous chain gang, that I really came to appreciate the unique character of the Liverpool Society.
We are of course an independent legal entity, one
of the very few districts left, which can boast this supreme autonomy. And we are just a little bit, well, militant (in the nicest possible way). ‘Liverpool’s not going to agree to that’ is
an oft heard refrain. Not that we are awkward for the sake of awkwardness but sometimes we do just need to buck the trend to navigate that sensitive line between protecting the legacy and innovating to sustain progress.
And what a legacy! At my Annual Dinner I alluded to fellow past president, Geoffrey Piper’s superb paper, ‘Doom Gloom and then a BOOM’ which traces Liverpool’s rise from the doldrums of the 1980s through to today’s fine city of culture, commerce and dynamism. The BOOM of the title is literally the ‘blossoming’ of Liverpool, but it
is also the acronym for Business Opportunities On Merseyside, an iconic early example of
a successful private-public sector partnership in economic regeneration.
What I hadn’t realised as
a fledgling new qualified chartered accountant returning to work in the city of my birth in the late 1980s, was the role that the professional service firms of Liverpool played in this major initiative. Particularly the crucial leadership provided by the Liverpool Society of Chartered Accountants.
That was the most humbling moment for me, to recognise the mighty contributions of my predecessor presidents, from forming the first society in 1870 and contributing towards the foundation of the Institute itself, to leading Liverpool out of the
   Andrew Lovelady - “Not quite a Past President”
n I am not yet this years ‘Past President’, and in reflecting on that title, I recognised that when we look behind us we do often see an era that was somehow ‘golden’ or ‘better’.
In my 2003/4 year our ‘chain gang’ of Past District Society Presidents call ourselves the ‘has- beens President’.
So I am not really sure how
I can be given an allocation
in this section of special commemorative issue of Chartered One as a ‘Past’ President to ‘recall’ my special year – as it has not yet finished! On that basis, I thought that I would write about my hopes for the future of the Society.
Quite naturally this year
has been one of nostalgia and looking back at the beginnings of our Society. We have heard and seen so much about the famous
‘14 gentlemen’, we have recalled our part in the formation of the ICAEW and we have looked back to the 100th and 125th celebrations that are still in the memory of our older members.
But what of the future.... of the Society, the profession, the economic landscape and a world that is struggling to combat climate change and sustainability? How can your Society be influential in these areas?
I believe that we can help in a number of ways:
a vital role locally, regionally and nationally in the decision making processes that matter.
• Through your own connections, whether in business or in practice, retired or actively engaged, by ensuring that the LSCA remains relevant with you and those that you meet.
• Through being ‘fit for
purpose’ itself. The Society (and its committees) needs
to be representative of, and responsive to, society in general – listening to our clients and business partners, reacting to need and leading the way in professionalism, integrity and best practice.
I am reminded of President John F Kennedy’s inauguration address in 1961 – so paraphrasing that:
‘Ask not what your Society can do for you but what you can do
Through collective agreement in the District Society network we can help the Institute in
its wider remit on regulation, professional standards and global accounting standards. Through our representation on Institute and local committees. We have members who play

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