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  1. CPA fears bad consumer outcomes as TPB’s budgets struggle

    including monitoring “questionable” behaviour as suggested by the Black Economy Taskforce. The TPB told Accountants Daily last year it continues to struggle with its expanded portfolio, particularly the registration of tax (financial) advisers, and...

  2. CPA facing potential lawsuit from members

    legal advice as to whether the decision to hold the AGM in Singapore might be in contravention of the Corporations Act. Last week, CPA announced to its members via email that its 2017 annual general meeting (AGM) will be held in Singapore on 27 April....

  3. CPA defends marketing spend, mulls disclosure changes

    CPA Australia says its marketing spend has decreased as a proportion of turnover in the last 10 years, and in response to swelling discontent, agreed to consider alternative models to the disclosure of remuneration. At its annual general meeting (AGM)...

  4. CPA defends ‘extremely effective’ marketing strategy

    (AGM) in June, the board indicated membership gains in key focus markets, including 20 per cent growth in Asia in the last three years. The board also said expenditure on marketing, promotion and publications as a proportion of revenue remained...

  5. CPA calls for extension to compulsory advice exam

    The logistics of it are huge. We’re not getting any indication that the deadline will change, though,” she said in December last year. [email protected]

  6. CPA calls for alternative strategies for reducing ATO tax debt

    of small businesses to unsustainable levels, potentially threatening the viability of many small businesses.” In September last year, another submission containing amendments to the exposure draft was made by CPA, which Wong said was ignored. “It’s very...

  7. CPA braces for ‘widescale’ change, members launch spill motion

    lodged an application for a new Professional Standards Scheme in January 2017, which has been assessed by the PSC of NSW. Last week, the PSC advised that it is unable to direct the proposed new scheme to be published for public notification. It is...

  8. CPA boss remains bullish despite slow licence take-up

    advisers at various stages of the on-boarding process”. “Since announcing our intention to establish CPA Australia Advice last year, we’ve been developing our business structure, getting our team together and working through the intricacies of our...

    • Type: Article
    • Author: Linda Santacruz
    • Category: Regulation

  9. CPA boss knocks back ‘abject failure’ claims

    As of May 29 this year, 25 members are authorised under the CPA Australia Advice licence, an increase of 14 since October last year. Speaking to Accountants Daily, Mr Malley said the early stages of take-up are in line with expectations, and that he had...

  10. CPA board grilled in heated Senate hearing

    to make it simpler for members of professional bodies to communicate with each other. This follows a hearing in Sydney early last month, which was fronted only by general manager of policy and corporate affairs, Stuart Dignam. The continuation of the...

  11. CPA bites after tech giant's roasting

    of the Future of Financial Advice reforms, which saw the wildly unpopular limited licensing regime kick in for accountants last year. Some of these members have voiced their opinion via our sister title, SMSF Adviser. You can view the comments and join...

  12. 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...

  13. 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....

  14. 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...

  15. 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...

  16. 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...

  17. 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...

  18. 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...

  19. 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,...

  20. 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...

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