CPA program's IFRS revamp

Article Abstract:

The impact of incorporating international standards into the curriculum of the tertiary institutions across Australia is discussed. Two key issues that impede the transition to international financial reporting standards (IFRS) framework include the lack of coverage in accounting textbooks because of confusion regarding which standards to be adopted and higher cost of IFRS handbook than the Australian Accounting Standards Board (AASB) standards.

author: Hancock, Phil, Ngiam, John
Product standards, safety, & recalls, Accounting Methods, Other Financial Vehicles, Capital funds & cash flow, Security & commodity services, not elsewhere classified, Financial Record Keeping Services, Standards, Accounting and auditing, Financial records management

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CPA program set for revamp

Article Abstract:

A new program is developed by CPA Australia as a part of its educational strategy that will include two semesters. CPA Australia recommends that only one CPA program segment be attempted at a time but candidates can enroll a maximum of three segments per semester.

author: Drum, Paul, Mitrione, Lorena
Services information, Analysis, Services, Education, Accountants, Educational programs, Certified public accountants

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CPA Australia strikes back at PI insurers

Article Abstract:

Accounting practices are struggling to meet the extraordinary increases in premiums set by insurers. During 2002-2003 many members experienced difficulties in renewing their policies as policy renewal for members professional indemnity(PI) was at its peak.

author: Chang, Kathy
Influence, Demonstrations and protests, Beliefs, opinions and attitudes, Liability insurance, Accounting procedures

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subjects list: Australia, Laws, regulations and rules, Financial services industry, Financial services, Accounting, Government regulation
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