Treasury’s proposed changes to accounting standard-setters
Treasury issued documents in 2022 and 2023, proposing changes in the structure and roles of the standard-setters the...
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With attention turning to the 2013 Federal Budget, the IPA is keen to see genuine outcomes that benefit our members, reduce the existing burden on Australian small businesses and support sustainable economic growth.
Our pre-Budget submission, which can be viewed in full on the IPA website, focuses on key areas of interest to the profession, particularly taxation and superannuation.
Some of the more significant recommendations incorporated in our pre-Budget submission include:
This submission is congruent with the IPA’s focus on ensuring true representation of our members’ interests in all facets of our advocacy work, along with representation in the most relevant forums.
In accordance with this work¸I would like to recognise the diligent efforts of Bob Sendt, who resigned from his position as director on the Accounting Professional and Ethical Standards Board (APESB) in late January this year. Bob has been the IPA’s nominee on the APESB since we joined the Board in 2007, and has made a significant contribution to the development of appropriate and relevant standards for the profession. We thank Bob and wish him well for the future.
Equally, I am pleased to announce that Kevin Osborn FIPA – who features in our member profile on page 52 –will take up the role as our representative on the APESB. We wish Kevin well in these important endeavours.