Document Library

JAB - AASB Exposure Draft ED 207 Amendments to AASB 7: Tier 2

Tuesday, 8 March 2011

While the JAB understand the AASB's objective in issuing the ED is to ensure that standards issured by the AASB under Tier 2 requirements, we note that this approach can lead to inefficiencies in standard setting. The AASB may be required to alter some of its agreed disclosure requirements shortly thereafter to parallel the disclosure requirements of a later version of the IFRS for SMEs standard.

Reasons to vote 'yes' for the growth of your institute

Thursday, 3 March 2011

Read more for a few reasons as to why you should vote 'YES' for the IPA.

Media Release: Hiding behind the complexity - Scrap or fix the current GST and margin scheme

Tuesday, 1 March 2011

The Institute of Public Accountants (IPA) is today calling on the Government to either scrap or fix the complex margin scheme that allows taxpayers an alternative means of calculating GST for property transactions.

JAB - IASB Exposure Draft ED/2010/13 Hedge Accounting

Friday, 25 February 2011

Overall the Joint Accounting Bodies are supportive of the ED as it simplifies hedge accounting, bringing the accounting closer to the entities' risk management strategy.

JAB - AASB Exposure Draft ED208 on Hedge Accounting

Friday, 25 February 2011

Overall the Joint Accounting Bodies are supportive of the ED as it simplifies hedge accounting, bringing the accounting closer to the entities' risk management strategy.

JAB - IAASB Proposed IAPS 1000 Special Considerations in Auditing Complex Financial Instruments

Wednesday, 23 February 2011

The IAASB's proposal to provide material to assist auditors in this area is to be welcomed.

IPA's CEO Andrew Conway provides members with an update on the future growth of the Institute

Tuesday, 22 February 2011

JAB - IFRS Consultation Document: Strategy Review

Tuesday, 22 February 2011

The JAB support the Strategy Review process and would encourage the revision of the objective of the Constitution to better align with the objective of general purpose financial reporting by the IASB and FASB.

JAB - AASB 03/10 Proposed Standard on Assurance Engagements ASAE 4400 Agreed-Upon Assurance Procedures to Report Factual Findings (Revision of AUS 904)

Thursday, 17 February 2011

The JAB support the revision of AUS 904 Engagements to Perform Agreed-Upon Procedures and an updated standard addressing assurance practitioner needs in this area is to be welcomed. However, we wish to draw the Board's attention to certain matters.

JAB - AASB GS 007 Audit Implications of the Use of Service Organisations for Investment Management Services

Monday, 14 February 2011

Guidance Statement GS 007 is generally helpful to auditors in addressing many of the complexities that may arise when entities outsource activities to service organisations.

Rebrand Information

Friday, 11 February 2011

A plan for long term growth; greater awareness and positive perception of our brand. It is time to invest in, reinvent, and reposition our organisation.

Media Release: Hybrid approach represents acceptable compromise

Thursday, 10 February 2011

The Institute of Public Accountants (IPA) is supportive of the anticipated announcement by Hon Bill Shorten MP, Minister for Financial Services and Superannuation, regarding the agreed policy principles for the development of new regulatory regime for financial planners who provide tax advice as part of financial planning services.