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Thursday, 2 December 2010
The IPA is seeking members input on evaluating the SBR enabled software and are calling for members across Australia to participate.
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Tuesday, 30 November 2010
The JAB support the proposals in the ED, althought changes will be required to the transitional provisions in order to ensure the proposals are acceptable to the insurance industry in Australia.
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Friday, 19 November 2010
The JAB support the decision to develop a holistic lease accounting model to replace the existing requirements and we believe there are conceptual merits with some of the proposals. However, we are not convinced that the proposed Standard is effective in addressing the criticisms of the existing lease accounting model.
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Friday, 19 November 2010
The JAB support the decision to develop a holistic lease accounting model to replace the existing requirements and we believe there are conceptual merits with some of the proposals. However, we are not convinced that the proposed Standard is effective in addressing the criticisms of the existing lease accounting model.
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Friday, 19 November 2010
This week the Institute of Public Accountants (IPA) is hosting a delegation of senior executives from Nigeria’s peak accounting body, the Association of National Accountants of Nigeria (ANAN).
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Thursday, 18 November 2010
We do not support the issue of the interpretation, as we do not consider there to be significant divergence in practice amongst entities currently applying IFRS.
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Tuesday, 9 November 2010
Fraud prevention, risk management, taxation and superannuation will be topics covered at the 2010 Institute of Public Accountants NSW State Congress and Business Expo in Sydney.
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Monday, 8 November 2010
As the JAB identified in our response to the initial exposure draft on IAS 12 Income Taxes, we do not support the determination of the tax base based on a 'sale' assumption rather than an 'expected use' assumption. The 'sale' assumption will not report the true tax consequences of a transaction in some circumstances.
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Monday, 1 November 2010
Australians receiving tax advice from their financial planner should be aware that they will continue to remain unprotected for a further three months with delays in the recently introduced Tax Agent Services Regime, warns the Institute of Public Accountants (IPA).
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Friday, 22 October 2010
APESB has adopted the same effective date for the proposed APES 110 as is the effective date for the IESBA Code issued in July 2009. The consequences are that members of the the Australian accounting bodies will have a highly constrained period in which to accommodate and implement the new APES 110.
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Friday, 22 October 2010
The JAB believe that any professional standard for members providing financial advice must meet the principal objective of assisting the availability of quality, affordable and understandable financial planning advice throughout Australia, including all regional areas. We also believe that there is a need to ensure there is both an obligation and guidance to protect clients from inappropriate remuneration structures.
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