Mr. Derek C. Sale, FCA
Son of prominent accountant Noel Sale, Dereck was born in 1941 in St. Andrew. He attended St. George's College, graduating summa cum laude, and in 1960 he went to London where he articled as a student of the English Institute.
Upon returning to Jamaica, he took over his father's practice in 1966, which he merged with Touche, Ross Thorburn & Co in 1968. Elected to Council of the ICAJ in 1973, he saw the need for strong public presence for the profession and this became his passion for the next five years.
In 1974, speaking before the first quarterly luncheon, an event he created to provide recurring press coverage of members concerns, he challenged members to raise their profile. At the heart of his philosophy lay the uncompromising position that public respect for the profession depends not only on its service to the business community but also on its willingness to speak without fear or favor to the needs of society as a whole.
Between 1974 and 1977, first as Vice President then as President of the Institute, he put the weight of his office behind the organization of professional development seminars in which he also actively participated. His research paper on Company Law Reform (1975) was widely discussed in the press over five months and placed the Institute at the centre of public discourse.
In 1977, he demitted office as President of the ICAJ in order to concentrate on planning and organizing the first Caribbean Conference of Accountants (Kingston, April 1978), which he conceived as a catalyst for unifying the region's disparate accounting bodies. His research paper presented at that conference, The Auditors' Responsibilities: the Gathering Storm was published in the US Journal of Accountancy and is deposited in the library of the UWI.
Mr. Sale was professional standards review partner for his firm. His public contributions included work with the fledgling Jamaica Stock Exchange in creating the office of Stock Exchange Auditor in which capacity he acted on behalf of his firm. In addition, he served on the Public Accountancy Board and was a part-time lecturer in accounting at the University of the West Indies. His other involvements included serving as Director of the Kingston Legal Aid Clinic and as President of the Serra Club of Kingston (a business men's organization). He served as Governor of the South Florida District of Serra International for the period 1976 - 1977.
Today, as a member of the Canadian Institute he practices in British Columbia where during the 1980's he led professional development courses for Chartered Accountants, and taught advanced accounting at the School of Chartered Accountancy at the University of Victoria and at the College of New Caledonia in Prince George.
Mr. Sale is a committed bibliophile he is an avid student of history and world affairs, and loves music, movies, and ballroom dancing. His articles, published between 1986 and 2006 in The Bottom Line magazine of Ontario, continue to challenge the accounting profession.