The IPA regularly contributes submissions to Government and
regulatory authorities on subjects that will impact, or have the
potential to impact, IPA members and the profession as a whole.
Submissions are made either jointly by the three professional
bodies or each body independently.
These submissions rely on feedback provided by a wide range of
members to ensure they accurately reflect the opinions of the
profession. Members are encouraged to give feedback so that it may
be incorporated into the IPA's full, formal submission. To provide
feedback, please contact the Executive General Manager Public
Affairs, Vicki Stylianou, via email or
phone on (03) 8665 3100.
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Friday, 2 December 2011
As a whole, the IPA supports the Government’s proposed changes to the "Taxation of Share Buy Backs" draft Bill as the measures will provide greater certainty, reduce compliance costs and result in overall balanced outcomes. Read More ...
Tuesday, 15 November 2011
The JAB are pleased the Board has undertaken this project as there is a need for standards and guidance in this area, tailored for the Australian regulatory environment. Generally we are supportive of the proposals. Read More ...
Tuesday, 15 November 2011
The JAB commend the AUASB for undertaking this project as there is a need for updated standards and guidance in this area. We do, however, have some concerns in connection with the standard as proposed. Read More ...
Monday, 31 October 2011
We recognise and support the need for assurance services to complement the water reporting practice currently being developed by the WASB. We recommended close liaison between the AUASB and WASB and are pleased to see this has occured. Read More ...
Friday, 7 October 2011
The JAB supports the adoption of the proposed definition of the Public Interest Entity in the context of the independence requirements of APES 110. We are of the opinion that the insertion of the two Australian paragraphs provide clarification about the netities that are or are likely to be Public Interest Entities in Australia. Read More ...
Friday, 30 September 2011
The JAB welcome the IAASB's proposed standard. Reporting of non historical financial information is developing rapidly as stakeholders seek further information on which to base policy and other decisions. This companion information is increasingly significant – as is the related assurance that enhances the credibility of this data. Consequently an updated umbrella standard such as proposed ISAE 3000 is very much to be welcomed. Read More ...
Wednesday, 28 September 2011
The Institute supports the IAASB reopening this issue for discussion. It is important for the profession to periodically reflect on its approach to the manner in which auditors tell the story about the results of a financial statement audit to stakeholders. Read More ...
Sunday, 28 August 2011
The JAB agree that the ED provides useful background information on key characteristics of the public sector and identifies some potential implications of those key characteristics for financial reporting. Read More ...
Monday, 1 August 2011
The JAB welcome the APESB's consultation on the issue of what constitutes a Public Interest Entity in the context of the independence requirements of APES 110 Code of Ethics for Professional Accountants. Read More ...
Friday, 22 July 2011
The JAB support the development of a Water Accounting Conceptual Framework (WACF) and EDWAS1 in providing the basis for preparing and presenting a general purpose water accounting report. Read More ...
Thursday, 21 July 2011
The JAB support the issue of the proposed standard, recognising the need to revise the existing APES 330 Insolvency Services. Read More ...
Friday, 1 July 2011
The Institute of Public Accountants (the Institute) welcomes the opportunity to provide a submission to the Department of Treasury in relation to the “Privilege in relation to tax advice” discussion paper. It is an overdue discussion given that Australian Law Reform Commission recommended in 2007 that professional tax advisers should have tax advice privilege, similar to the way legal advice is privileged. Read More ...