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Here you can find media releases, news and updates related to the IPA, submissions to Government and the full range of our publications. Search the entire library or just the relevant section. Sub-categories are listed on the left.

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JAB - AASB ED 219 AASB 13 Fair Value Measurement and AASB 2011-8 Amendments to Australian Accounting Standards arising from AASB 13: Tier 2 Proposals

Friday, 16 December 2011

The JAB support the proposed amendments in the standard as they remove a series of disclosures that are burdensome for entities that do not have public accountability.

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MEDIA RELEASE: Expect faster GST refunds from ATO

Wednesday, 14 December 2011

Small business can now expect faster GST refunds as a result of changes to ATO practices following a decision in the Full Federal Court.

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JAB: Treasury - Consultation - Future of the Financial Reporting Panel

Thursday, 8 December 2011

The JAB are strongly supportive of maintaining the Financial Reporting Panel (FRP). As an arbiter in technical accounting disputes between ASIC and companies it has the capacity to be an important part of the process to maintain integrity in our financial reporting system.

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MEDIA RELEASE: Don't let financial stress ruin the festive season

Thursday, 8 December 2011

Although Christmas is a time for giving, individuals should consider their financial situation and household budget before over committing themselves, warns the Institute of Public Accountants.

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JAB - AASB ED 220 Investment Entities

Wednesday, 7 December 2011

The JAB support the primary objective of the exposure draft to address user information needs through an exception based, fair value presentation of investments in controlled entities, however, we do not agree with the proposed narrow scope.

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JAB - IASB ED 2011/4 Investment Entities

Wednesday, 7 December 2011

The JAB consider that when an entity's primary objective in making an investment in an entity is to obtain capital appreciation and/or investment income rather than to obtain benefits through control, the information needs of users are not best met by the presentation of consolidated financial statements.

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IPA - Taxation of Share Buy Backs

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.

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JAB - AUASB ED 03/11 Proposed Standard on Related Services ASRS 4450 Comfort Letter Engagements

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.

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JAB - AUASB ED 02/11 Proposed Standard on Assurance Engagements ASAE 3450 Assurance Engagements involving Corporate Fundraisings

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.

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MEDIA RELEASE: IPA introduces a financial services solution

Thursday, 10 November 2011

The IPA has today announced a partnership with AXA and MLC to provide its members with a comprehensive Financial Services Package.

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MEDIA RELEASE: NSW State Congress and Business Expo

Wednesday, 9 November 2011

Accountant’s face a bevy of choice when they attend this month’s NSW State Congress and Business Expo where an impressive range of big picture and small business topics are being presented.

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NSW member wins day at the races with Lexus

Wednesday, 9 November 2011

NSW IPA member Debbie Scerri wins a luxury day at the races courtesy of Lexus.

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