Current consultations

We are seeking comments from members to be considered as part of our submissions in response to the following major consultations.

The due date listed for members' comments is usually one week prior to the actual submission due date to allow time for consideration. Sometimes initial comments are requested earlier.

For your comments to be considered, email submissions@cpaaustralia.com.au



2018 submissions


AUDIT AND ASSURANCE DATE
IAASB ED 315: Identifying and assessing the risks of material misstatement (PDF)
Three-yearly audit cycle for SMSFs (PDF)
IOSCO: Good practices for audit committees in supporting audit quality (PDF)
Proposed minor amendment to Prudential Standard SPS 310 Audit and Related Matters (PDF)
Monitoring Group proposals on international auditing-related standard-setting (PDF)
Power to revoke legal practitioner trust account external examiners’ designation (PDF)

CORPORATE LAW DATE
Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2018 (PDF)
ASX Corporate Governance Council: Consultation on the proposed fourth edition of the ASX Corporate Governance Principles and Recommendations (PDF)
Bankruptcy Amendment (Enterprise Incentives) Bill 2017 (PDF)

ECONOMICS DATE
Modernising business registers program (PDF)
Pre-budget submission to the Australian Government – 2018-19 (PDF)

ETHICS DATE
ED 01-18 Proposed Standard APES 220 Taxation Services (PDF) 
IESBA questionnaire on fees charged by audit firms (PDF)
ED 05-17 Proposed Standard APES 310 Client Monies (PDF)
ED 04-17 Proposed Standard APES 225 Valuation Services (PDF)

FINANCIAL PLANNING DATE
FASEA consultation paper 7: Foreign qualifications (PDF)
FASEA consultation paper 6: Continuing professional development (PDF)
FASEA consultation paper 5: Professional work and training requirement (Professional Year) (PDF)
FASEA consultation paper 4: Provisional relevant provider term (PDF)
FASEA consultation paper 3: Financial adviser examination (PDF)
FASEA: Proposed guidance on education pathways for all advisers (PDF)
ASIC consultation paper 300 Approval and oversight of compliance schemes for financial advisers (PDF)
Consultation on Proposed Australian Financial Complaints Authority (AFCA) Rules (PDF)
FASEA – Code of Ethics for Financial Advisers Exposure Draft of Proposed Standard (PDF)
ASIC consultation paper 298 Oversight of the Australian Financial Complaints Authority (AFCA): Update to RG 139 (PDF)

NOT-FOR-PROFIT DATE
Treasury: Deductible Gift Recipient Reforms (PDF)
Senate Select Committee: Inquiry into charity fundraising in the 21st century (PDF)
AICD: Review of the ‘Good governance principles and guidance for NFP organisations’ (PDF)
Review of the Australian Charities and Not-for-profits Commission legislation (PDF)

PUBLIC PRACTICE DATE
MYOB’s proposed acquisition of Reckon’s Practice Management Group (PDF)

REPORTING DATE
AASB ITC 39: Solving the reporting entity and SPFS problems (PDF)
Extending the definition of a Significant Global Entity (PDF)
AASB Phase 1 proposals to remove SPFS (PDF)
IPSASB ED 64 – Leases (PDF)
IAASB ED 2018/1 Accounting Policy Changes (PDF)
IPSASB strategy and work plan 2019-23 (PDF)
IESBA ED 63: Social Benefits (PDF)
Review of the Australian Charities and Not-for-profits Commission legislation (PDF)
AASB's standard-setting frameworks for for-profit entities and not-for-profit entities (PDF)

SUPERANNUATION DATE
Early release of super benefits under compassionate and financial hardship grounds and for victims of crime compensation (PDF)

TAXATION DATE
Designing a modern Australian Business Number system (PDF)
Board of Taxation: Review of small business tax concessions (PDF)
Inspector-General of Taxation: Review into the ATO’s use of garnishee notices (PDF)
Treasury: Increasing the integrity of the Commonwealth Procurement process (PDF)
Future of Tax background paper (PDF)
Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures (No.2)) Bill 2018 (PDF)

Past submissions

Submissions made by CPA Australia from 2012 – 2017.