Media Releases

View what we have to say about topics of interest to our members and the accounting profession.

  • RISKS NOT MITIGATED WITHOUT AUDIT RIGOUR

    The Government’s proposal to change the annual audit requirement to a three-yearly cycle for SMSFs shows a lack of understanding and respect of the important work carried out by SMSF auditors, says the Institute of Public Accountants (IPA).

  • ‘INSTANT’ ABN MAY UNDERMINE INTEGRITY OF TAX SYSTEM

    The Australian Business Number (ABN) plays a critical role in our tax system but registering an ABN without planning and forethought, may be contributing to the black economy rather than acting as a deterrent, according to the Institute of Public Accountants (IPA).

  • A WAKE UP CALL FOR ALL – TAX GAP

    The ‘Individuals not in business tax gap’ report issued by the ATO should be a wake-up call for all taxpayers, regulators, government and tax practitioners, according to the Institute of Public Accountants (IPA).

  • ABFEO SME REPORT ON SONG, SAYS IPA

    The Institute of Public Accountants (IPA) has commended the ‘Affordable capital for SME growth’ report released on Friday (29 June) by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), saying it reinforces many of the sentiments held by the IPA.

  • SG AMNESTY: ONE STEP CLOSER – LET’S GET ON WITH IT

    The Government’s proposed one off, twelve month amnesty for historical underpayment of Superannuation Guarantee (SG) to complement the sweeping SG integrity package has been passed by the House of Representatives. It now needs to go through the Senate and Australia needs to get on with it, according to the Institute of Public Accountants (IPA).

  • SMSF AUDIT CYCLE: MORE THAN ONE WAY TO SKIN A RABBIT

    The assertion that moving self-managed superannuation funds’ (SMSF) annual audits to a three-year cycle will reduce compliance costs for trustees may be flawed; or it could be a cost deferral at best, according to the Institute of Public Accountants (IPA).