Submissions

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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JAB - ATO Draft Practice Statement PSLA 3362 - Division 7A Trust entitlements

Wednesday, 7 July 2010

The Institute and other bodies welcome the opportunity to provide comments in respect of the Draft Practice Statement PSLA 3362 (PSLA 3362) released by the Australian Taxation Office (ATO) on 2 June 2010.

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JAB - IASB Exposure Draft ED/2010/4 Fair Value Option for Financial Liabilities

Thursday, 1 July 2010

The JAB acknowledge that during the global financial crisis, some entities reported in profit or loss substantial gains on their financial liabilities measured at fair value because of incrases in the liabilities' credit risk. We acknowledge the efforts of the IASB to improve relevance to users of the financial statements for this situation.

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JAB - IASB Exposure Draft ED/2010/2 Conceptual Framework for Financial Reporting: The Reporting Entity

Wednesday, 23 June 2010

The Joint Accounting Bodies supports the principles set down in the Statement of Accounting Concepts 1 'The definition of the reporting entity' (SAC 1) as they have provided sound guidance for the domestic reporting environment in the past.

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JAB - AASB Exposure Draft ED 193 Conceptual Framework for Financial Reporting: The Reporting Entity

Wednesday, 23 June 2010

The Joint Accounting Bodies supports the principles set down in the Statement of Accounting Concepts 1 'The definition of the reporting entity' (SAC 1) as they have provided sound guidance for the domestic reporting environment in the past.

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