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Insolvency
The Institute of Chartered Accountants in Australia has an Affiliation Agreement with the Insolvency Practitioners Association of Australia (IPAA). We act as a Foundation Body to the Association and cooperate closely in respect of disciplinary matters affecting members who hold membership in both bodies. Subject to this understanding we refer all insolvency enquiries to the IPAA.
The IPAA is an independent, self-governing Association of Insolvency Specialists, the majority of whom are Chartered Accountants. Chartered Accountants are predominant in the field of Insolvency and Reconstruction from both the Creditors and Debtors perspective.
Since Insolvency and Reconstruction has become such a specialised field, the Institute recognises this as a post qualification career path. You can find information regarding Training and Certification at the IPAA website.
Submissions
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The Institute’s response to Treasury’s proposals paper discusses whether or not the government’s proposals are likely to achi...
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The Institute’s response to Treasury’s options paper on insolvency focuses on improving the quality of the profession.
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Submission to the Senate Inquiry into Liquidators and Administrators on 12 February 2010, advising new positive approach.
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In the headlines
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The federal government has released an options paper that discusses the regulation of insolvency in Australia.
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ASIC has released its latest statistics on corporate insolvencies and clarified the banking requirements for practitioners
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The Corporations Amendment (Sons of Gwalia) Bill 2010 was reintroduced into Parliament to give effect to the Government's dec...
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Fact sheet written by written by Tim Cole CA. An informal and formal arrangements for individuals to consider when they deal ...
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New professional standard, APES 330 Insolvency Services, will replace the existing APS 7 Statement of Insolvency Standards an...
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The Institute believes a new guide for directors released by ASIC will be a valuable resource for the Australian business sec...
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The Corporations Amendment (Sons of Gwalia) Bill 2010 was introduced into Federal Parliament.
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The Federal Government released draft legislation to reverse the Sons of Gwalia decision, which had allowed shareholder claim...
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The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, announced a package of reforms to Aust...
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The Federal Government released a discussion paper on the operation of Australia's insolvent trading laws in the context of a...
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