Published 11 Oct 2006 There are many issues to be considered when planning to either set up your own practice or to join an existing practice. Members should not only refer to the Institute's Charter, By-Laws and Regulations (including the Code of Professional Conduct and Technical Standards), but should also consider the requirements of the Corporations Act 2001 and various requirements governed by other legislation. (eg regulation of auditors, tax agents, financial planners, insolvency practitioners etc).
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Published 10 Oct 2006 The Professional Standards team regularly receive queries from members on allowable practice structures. This article details some of the tools and issues to be considered in assessing structure alternatives. More >
Published 09 Oct 2006 Part 9.2A of the Corporations Act deals with "authorised audit companies" and provided the opportunity for a company to be authorised. More >
Published 01 Oct 2006 The long-awaited ruling on the deductibility of service fees paid by professional partnerships to service entities, TR 2006/2, was released on 20 April 2006l, with a few welcome changes from the draft ruling issued for public comment in May last year. More >