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IPA Register of Members The Register of Members lists is the Member Register of the Institute of Public Accountants. The board of directors extend their congratulations to all new members and those who have advanced in status. View the Register of Members here
Update your email preferences Based on the results of our satisfaction survey last year, we have changed the way we send you emails. You can now select which CPD topics and member offers you are interested in. More information here |
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Revised sitting dates for Federal Parliament The revised sitting dates have been released following the cancellation of Parliament for two weeks as a mark of respect for the passing of Queen Elizabeth II. More information here
ATO DIS on retrospective amendments to JobKeeper ATO has released a Decision Impact Statement on a Federal Court case which held that retrospective amendments to the JobKeeper rules applied to deny entities to payments. More information here
Franked distributions funded by capital raisings: draft legislation Treasury has released draft legislation which proposes to prevent certain distributions that are funded by capital raisings from being frankable. More information here
Simplifying FBT record-keeping requirements: draft lesgislation Treasury has released draft legislation which proposes to prevent certain distributions that are funded by capital raisings from being frankable. More information here
Third party reporting to ATO: exclusions for certain shares and units ATO has registered an instrument which excludes certain companies and trusts from reporting certain transactions which change the composition of assets. More information here
ANAO commences audit of government response to taskforce ANAO has commenced a performance audit of the implementation of the government response to the Black Economy Taskforce Report in 2017. More information here
Non-profit sporting and games clubs ATO has released a ruling that considers whether not-for-profit clubs are exempt from income tax under the encouragement of a game or sport category. More information here
Non-commercial losses: flood, bushfire, and COVID-19 impacts ATO has released a practical compliance guideline which provides safe habour for qualifying individuals with non-commercial business losses for certain years. More information here
Draft margin scheme valuation determination ATO has issued a draft legislative instrument which specify the requirements for making valuations for the purposes of the margin scheme. More information here
Residential colleges and GST-free supplies Draft PCG has been released which sets out a proposed compliance approach for universities and residential colleges re supply of accommodation and meals. More information here
Section 100A PCG - additional draft green zone scenarios The ATO has released a consultation document which includes additional draft green zone scenarios to be included in the practical compliance guideline dealing with section 100A reimbursement agreements. More information here |
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Financial Accountability Regime: draft rules Government has released draft rules to support the establishment of the Financial Accountability Regime. More information here
APRA information paper on prudential architecture APRA has released an information paper outlining its plans to modernize the architecture of its prudential standards and guidelines for banks, insurers and super licensees. More information here |
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Review of YFYS: working group established Government has established a Technical Working Group as a part of its review of the Your Future, Your Super laws. More information here
Annual performance test for faith-based products Treasury has released draft regulations to support the proposed amendments for supplementary performance testing for faith-based products. More information here |
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IGTO reporting pack released: Q4 FY22 IGTO has released its FY22 Q4 reporting pack highlighting its activities during the quarter including total complaints and KPI results. More information here
Consumer Data Right The Government is continuing to roll out the Consumer Data Right (CDR) to enable consumers to ‘shop around’ their data to try and get a better deal from banks, telcos and eventually energy companies. There is a direct impact on intermediaries such as accountants and tax agents. The IPA is heavily involved in advocacy on CDR and will continue to update members. More information here |
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Consultation: Safeguard mechanism reform The Department of Industry, Science and Resources released a consultation paper proposing a reform to the Safeguard Mechanism. More information here
Australian Peak Bodies Submission to the International Sustainability Standards Board (ISSB) The IPA was one of 20 Australian peak professional associations to make an unprecedented submission to the ISSB, comprising a mix of preparer, investor, and director perspectives. More information here
Harvard Business School Professor Robert S. Kaplan speaks exclusively on ESG Reporting This IPA-hosted event, Professor Kaplan explained that sustainability reporting can be addressed within the shareholder value approach by identifying and measuring the negative and positive externalities from corporate decisions and actions. More information here
IPA Reflect Reconciliation Action Plan The Institute of Public Accountants has formally commenced its reconciliation journey through the release of its first Reflect Reconciliation Action. More information here |
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