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: IASB - ED/2011/7 Transition Guidance (Proposed amendments to IFRS 10)

Tuesday, 28 February 2012

The JAB support the proposed amendments as they clarify the Board's intention with respect to how the transition guidance in IFRS 10 is to be applied.

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JAB: AASB - ED 223 Transition Guidance (proposed amendments to AASB 10)

Tuesday, 28 February 2012

The JAB support the proposed amendments as they clarify the Board's intention with respect to how the transition guidance in IFRS 10 is to be applied.

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Joint Submission: Treasury - Draft Taxation Ruling TR 2011/D5

Friday, 24 February 2012

On balance we believe the Draft Ruling provides a comprehensive and measured criteria of the factors that would be considered in determining whether a public fund has been established and maintained solely for the acquisition, construction or maintenance of a school or college building by a qualifying body.

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IPA 2012-13 Pre-Budget Submission

Friday, 27 January 2012

The Institute looks forward to working with the Government as it sets its economic agenda for another year.

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2012-13 Pre-Budget Letter to the Treasurer

Thursday, 26 January 2012

The IPA prides itself in not only representing the interests of accountants but also small businesses and their advisors.

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JAB: Senate Inquiry - Corporations Amendment (FOFA) Bill 2011 and Corporations Amendment (Further FOFA Measures) Bill 2011

Thursday, 19 January 2012

When implemented, the FoFA Bills will require the financial planning industry to undertake the most significant and extensive changes since the introduction of Financial Services Reform in 2001. For these reforms to achieve objectives it is vital that the implementation and transition periods are aligned.

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JAB - PJC Inquiry Corporations Amendment (Further Future of Financial Advice Measures) Bill 2011

Thursday, 22 December 2011

The JAB welcomes the opportunity to comment on the Corporations Amendment (Further Future of Financial Advice Measures) Bill 2011.

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JAB - APESB ED 04-11 Proposed Guidance Note APES GN 40 Ethical Conflicts in the Workplace

Monday, 19 December 2011

The Joint Accounting Bodies consider APES GN 40 Ethical Conflicts in the Workplace – Considerations for Members in Business as important guidance for Members who are employed in a diverse range of organisations and in a variety of roles. We support the issue of the proposed guidance note that supersedes GN1 Members in Business Guidance Statement.

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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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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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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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