Document Library

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 Exposure Draft ED 204 Proposed Amendments related to Tier Two Disclosures Under the RDR

Wednesday, 2 February 2011

While the JAB understand the AASB's objective in issuing ED 204 to ensure that standards issued by the AASB contain Tier Two requirements we have serious reservations about this approach as it exposes the domestic standard setter to a series of risks and inefficiencies.

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JAB - AASB Exposure Drafts ED 198 and ED 202R Proposed Amendments related to Tier Two Disclosures under the RDR

Wednesday, 2 February 2011

While the JAB understand the AASB's objective in issuing EDs 198 and 202R is to ensure that standards issued by the AASB contain Tier Two requirements we have serious reservations about the issuing of these EDs as it exposes the domestic standard setter to a series of risks and inefficiencies.

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JAB - Treasury Exposure Draft - Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Bill 2011

Monday, 24 January 2011

We note that this ED implements some of the recommendations made by the Productivity Commission and that the recommendations relating to the remuneration report in s300A have been referred to CAMAC for consideration. We recommend that all changes to legislation relating to the reporting of remuneration are deferred to be released for consultation with changes arising from CAMAC's recommendations.

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Tax help for people affected by the flooding

Wednesday, 19 January 2011

Read more to see the ATO's Media Release about tax help for people affected by the Queensland flooding. You can also view the flood affected postcodes.

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Important Update: BAS Agent education requirements

Wednesday, 12 January 2011

On 15 December 2010 the Tax Practitioners Board (TPB) issued updated information about education requirements for BAS agents. Detailed information and a copy of the letter issued to current BAS agents is available at www.tpb.gov.au.

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JAB - AASB Exposure Draft ED 205 Extending Relief from Consolidation, the Equity Method and Proportionate Consolidation

Monday, 10 January 2011

The JAB support the AASB's proposal to reduce the need for intermediary parents to produce consolidated accounts, apply the equity method and apply proportionate consolidation when this is done in the parent higher up in the group.

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Uncertainty and confusion in trust laws to be finally addressed

Wednesday, 22 December 2010

At last we have some positive announcements to address the considerable uncertainty and confusion caused by the antiquated rules surrounding trusts.

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JAB - IASB Comments on Effective Dates and Transition Methods

Wednesday, 22 December 2010

The JAB consider that the single date approach to be the best option to give December year ends enough time to get systems in place for getting comparative year data. We also consider that early adoption should be permitted, but with certain exceptions for related standards.

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JAB - AASB ITC 24 Comment on Effective Dates and Transition Methods

Wednesday, 22 December 2010

The JAB consider that the single date approach to be the best option to give December year ends enough time to get systems in place for getting comparative year data. We also consider that early adoption should be permitted, but with certain exceptions for related standards.

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