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  1. CPA awaits AGM outcome

    capacity of 1,484, where members will vote on 14 resolutions aimed at delivering the governance changes required in light of last year’s revelations that led to the sacking of chief executive Alex Malley and the resignations of the entire board. The...

  2. CPA Australia’s ‘final round’ of job cuts claims 4

    which the body says completes its restructuring. CPA Australia cut four more positions yesterday in what it says will be the last in its rolling redundancy program underway since June, which has claimed up to 12 per cent of the body’s 600-plus staff....

  3. CPA Australia shuts down licensing arm

    by former auditor-general Ian McPhee. Mr McPhee's recommendation followed the association's corporate governance crisis last year. CPA Advice has struggled from its launch in 2015 to attract members, falling hundreds short of its business projections by...

  4. CPA Australia seeks permanent $100k asset write-off to end uncertainty

    prevent the “lost opportunity” of the 2023–24 measure, having passed Parliament just five days before its 30 June deadline last week and leaving businesses with little time to make an investment decision. It would also fit better with the original...

  5. CPA Australia reveals focus for first in-person congress since 2019

    Canberra. The event will be held virtually and in-person for the first time since 2019, after being held virtually for the last four years with 42,000 participants. AI thought leaders will discuss how the integration of AI in accounting may shape the...

  6. CPA Australia presses Daniel Andrews for business support

    until 26 October, on the condition that average state-wide cases fall under five for the previous 14 days. Moving to the last step, where all industries will be allowed to reopen under some form of restriction, will only happen from 23 November if the...

  7. CPA Australia outlines next steps in KPMG misconduct investigation

    investigation and disclosure to regulators, including the US Public Company Accounting Oversight Board (PCAOB), and ASIC. Last month, Chartered Accountants Australia and New Zealand said it too was monitoring the fallout. “This is an ongoing matter, we...

  8. CPA Australia flags concern on CSLR ‘shortcomings’

    The professional accounting body has outlined its concerns on the proposed compensation scheme of last resort (CSLR). In a submission addressed to the chair of the Senate standing committee on economics, Senator Anthony Chisholm, Dr Gary Pflugrath,...

  9. CPA Australia faces member revolt over job cuts, losses

    professional accounting body grapples with a crisis of member confidence. Angry accountants have taken to social media to blast their professional bodies over millions in losses and rising membership fees after Accountants Daily revealed last week that...

  10. CPA Australia defends controversial AGM location decision

    has defended its decision to hold its 2017 annual general meeting in Singapore, which a PwC partner labelled a ‘farce’. Last week, CPA Australia announced to its members via email that its 2017 annual general meeting (AGM) will be held in Singapore on...

  11. CPA Australia cuts staff in attempt to curb losses

    “They say it's to do with realignment to the new strategy, which is obviously part of it, but you look at the losses of the last few years, the declining revenue over the last five years – it's primarily financially driven.” CPA Australia’s latest...

  12. CPA Australia CEO quits to pursue career in Europe

    during the “difficult period of restoring member pride in the CPA designation and trust in the organisation”. It said last year’s annual survey showed member satisfaction at 7.08, its highest point since it was first measured in 2014. It also praised...

  13. CPA Australia calls for 2-year extension to stalled tax break

    in passing the measure was the latest in a “running joke” of announcing tax incentives but only implementing at the very last minute. “Businesses need to operate in an environment of certainty. Big announcements about tax incentives followed by a year...

  14. CPA Australia bosses reveal salaries, announce leadership change

    each director of the association and its subsidiary, CPA Australia Advice, for 2016. In a communication to members released last night, seen by Accountants Daily, the president and chair of CPA Australia, Tyrone Carlin, announced he has handed over his...

  15. CPA Australia axed 121 staff, services for internal revamp: report

    600-plus employees is double the 10-12 per cent target set by executives for the organisation's rolling redundancy program last year. Insiders have suspected the clear-out was financially driven to curb a bloated $90 million wage bill while CPA...

  16. CPA Australia appoints 3 new directors

    with experience in the valuation of businesses, shares and intangible assets. Merran Kelsall, who was appointed as president last October, has also been re-elected as president and chair of the board, alongside deputy presidents Professor Pinto and...

  17. CPA announces new chief executive

    CPA Australia has announced its new chief executive, following the sacking of former leader Alex Malley last year. The association has this afternoon confirmed Andrew Hunter, who was most recently managing director and CEO of the Export Finance and...

  18. CPA and CA ANZ designation now recognised by FASEA

    body would now continue to lobby for “maximum recognition”. “Having worked hard with, and alongside, FASEA over the last 18 months to lift standards, the next step is to continue to engage with them to clarify what studies will count for further...

  19. CPA ‘vanity project’ spotlights accountant, licensee frictions

    member, if the Institute set up a financial advice business to compete with my practice I’d be absolutely livid. The last thing a professional expects or wants is for their own professional body who regulates your conduct to start competing with you,”...

  20. COVID-19: Business hibernation strategies

    While this strategy does not conserve cash in the short term, it does at least reduce the business’s liabilities. As a last resort, consider standing down staff or doing layoffs. Also consider whether you may still be able to access JobKeeper payments...

    • Type: Article
    • Author: Manda Trautwein, William Buck
    • Category: Business
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