Features technical updates and explores issues such as clean energy, clean accounting, staff recruitment and ethical challenges, and has been developed especially for CPA Australia's public practitioners.
CPA Australia members who work in public practice automatically receive a hard copy of INPRACTICE with INTHEBLACK.
On 1 July 2010 the Australian Securities and Investments Commission took over the regulation of consumer credit and finance broking under the National Consumer Credit Protection Act 2009 (the National Credit Act).
It’s hard to tell if the glass is half-full or half-empty as far as the economy is concerned, or where it is heading in the near future. Whatever happens, it is bound to affect accountants in public practice.
For public practices, environmental accounting is not yet a mainstream issue. But as Australia moves towards legislating a carbon emissions trading system, it’s time to consider the challenges and opportunities.
After the High Court’s Bamford decision, the Australian Taxation Office (ATO) released a decision impact statement in June 2010 stating that, among other things, it would be withdrawing its longstanding public rulings about streaming capital gains and franked dividends through trusts.
A relatively complex area, for tax practitioners with SME and investor clients operating through a company or a trust with a corporate beneficiary, is Division 7A of the Income Tax Assessment Act 1936.
