Merry Christmas to Peter Wilson. When it was suggested that Peter Wilson should be independent of the old board so that we can have a fresh start Peter responded with "That's your issue". Summary of the meeting here: viewtopic.php?f=23&t=594
A good summary of where we are up to by Joe Aston of the AFR, linked to from here: viewtopic.php?f=5&p=4137#p4137
If you are new to this website read the story so far: viewtopic.php?t=321#p1793
Check out some of the AFR articles, too many to list and check out some of the ABC reports: http://www.afr.com/business/accounting/ ... 215-h055ej http://www.afr.com/business/accounting/ ... 211-h02x1d http://www.abc.net.au/news/programs/the ... s,/8626662
Please join this website to participate in discussions. Also join our email list at http://eepurl.com/cWsgfb
Image

ACCC link on CPA Australia - interesting information

Discussions about the constitution and how CPA Australia is run
Post Reply
JWheldon
Posts: 327
Joined: Wed May 24, 2017 6:43 pm

ACCC link on CPA Australia - interesting information

Post by JWheldon » Wed Nov 08, 2017 12:02 am

Have found this link to ACCC with regards to CPA Australia. Some of the items provide interesting reading.

http://registers.accc.gov.au/content/se ... t_rank%3D1


For example "Bupa Optical Pty Ltd (Bupa Optical) proposes to offer certain discounts to individuals who have acquired membership services from CPA Australia Ltd. In particular, Bupa Optical will provide a 20 per cent discount in respect of any products purchased in Bupa Optical Stores or via Bupa Optical's website." http://registers.accc.gov.au/content/in ... Id/1191840

User avatar
nakedadmin
Site Admin
Posts: 653
Joined: Thu Mar 23, 2017 4:38 pm
Location: Iceland

Re: ACCC link on CPA Australia - interesting information

Post by nakedadmin » Wed Nov 08, 2017 9:14 am

Interesting, is there one for QBE and the kickback on professional indemnity insurance cover rumoured to be 30% paid from QBE to CPAA on Fenton Green policies.
The Naked Webmaster

User avatar
Brett Stevenson
Posts: 445
Joined: Fri Mar 24, 2017 10:43 am

Re: ACCC link on CPA Australia - interesting information

Post by Brett Stevenson » Wed Nov 08, 2017 11:49 am

I think your question regarding QBE nakedadmin is quite a profound one.

It illustrates why we have been calling for a forensic accountant to get into CPA and look around.
Why they do not allow it raises the obvious question of why not.

And of course why the Independent Review Panel has deemed it not necessary to even comment on this (along with so many other areas of questionable expenditures and contractual deals that we have heard of) begs the obvious question.
If they did I daresay in true professional whitewash fashion they would report the QBE deal (if it is true) as being common in membership organisations. It's a very professional way of avoiding the obvious and the need to dig deeper.
To see this beautifully illustrated look no further than the final section of the IRP Preliminary Report dealing with CPA Australia Advice. A master class in avoiding the obvious, justifying (by default) the obvious, and whitewashing the real issues by just not dealing with them - a sort of professional blindness driven by what I can only assume are ulterior reasons.
Another possibly more beautiful example is they way they completely avoided the whole issue of Alex Malley's termination contract (does it exist? did they see it? what did it say? who approved it? why the secrecy about this payment?).

It all comes across a bit like a club in a club to me.

Post Reply