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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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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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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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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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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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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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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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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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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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