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
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CPA Australia - Action Plan as lodged with IFAC

What kind of things would members actually want CPA Australia to focus on vs what are they actually doing
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JWheldon
Posts: 356
Joined: Wed May 24, 2017 6:43 pm

CPA Australia - Action Plan as lodged with IFAC

Post by JWheldon » Sun Oct 08, 2017 11:29 am

Here is something of interest for members to read, which CPA Australia lodged with International Federation of Accountants (IFAC). It is an action plan and does make some interesting reading as to the ongoing development and improvement of the accountancy profession around the world.

It may be interesting reading for those in public practice.

CPA Australia is a member of IFAC, along with the Institute of Chartered Accountants.

Have also attached the 2016 Financial Statements of IFAC for members to have a look at the way the financials are presented. It is interesting how different the details are in the international reports, are to those produced in Australia. One may think that in Australia, the general purpose financial statements, which the relevant Australian boards have rubber stamped, is going down the direction of less information for the relevant users. The international accountants have produced reports, which appear to provide more detailed financial statements. So what do the young members of CPA Australia think? Sounds like the accounting boards in Australia need to stop, think, and start acting on accounting issues. Good old ethics seems to taken so much resources and time, yet really achieved so little, especially if you have a look at the management of CPA Australia over the last ten years, and the way the financial statements are produced and audited.

Get involved, and make your view heard and recognised. Your opinion is extremely important, both young and old.
Attachments
IFAC-2016-Financial-Statements_0.pdf
(3.09 MiB) Downloaded 41 times
201403 Australia CPA - Action Plan.pdf
(338.44 KiB) Downloaded 55 times

theallseeingeye
Posts: 99
Joined: Sat Jun 03, 2017 4:23 am

Re: CPA Australia - Action Plan as lodged with IFAC

Post by theallseeingeye » Sun Oct 08, 2017 10:53 pm

Interesting and thoughtful post JW - you should post this on cpa members LinkedIn page

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