Submissions made by CPA Australia from 2012 – 2019 in response to external consultations.


Competency framework for chief financial officers in public interest entities (Malaysia) (PDF)
Draft IFRIC Interpretation – uncertainty over Income Tax Treatments (PDF)
IFRS Practice Statement: Application of Materiality to Financial Statements (PDF)
IASB Request for Views – 2015 agenda consultation (PDF)

Audit and assurance

Supplementary submission: Parliamentary Joint Committee inquiry on regulation of auditing in Australia (PDF)
Parliamentary Joint Committee inquiry on regulation of auditing in Australia (PDF)
Exposure Draft ED NZAuASB 2019-1 Amendments to New Zealand Standard on Review Engagements 2410 Review of Financial Statements Performed by the Independent Auditor of the Entity (PDF)
IAASB: Discussion Paper Audits of Less Complex Entities (PDF)
Exposure draft ED 01/19 ASRE 2410 Review of a Financial Report Performed by the Auditor of the Entity (PDF)
IAASB quality management (PDF)
IAASB ISA 220 (Revised) Quality Management for an Audit of Financial Statements  (PDF)
IAASB quality management standards: ISQM 1 (PDF)
IAASB quality management standards: ISQM 2  (PDF)
IAASB: Consultation Paper Extended External Reporting Assurance (PDF)
Brydon Review: Submission on quality and effectiveness of audit (PDF)
Proposed IAASB strategy for 2020-23 and work plan 2020-21 (PDF)
QBCC Minimum Financial Requirements Report amendments (PDF)
IAASB proposed standard ISRS 4400 (Revised) Agreed-upon Procedures Engagements (PDF)
IAASB ED 315: Identifying and assessing the risks of material misstatement (PDF)
AUASB ED 03/18: ASA 540 Auditing Accounting Estimates and Related Disclosures (PDF)
Three-yearly audit cycle for SMSFs (PDF)
IOSCO: Good practices for audit committees in supporting audit quality (PDF)
Proposed minor amendment to Prudential Standard SPS 310 Audit and Related Matters (PDF)
Monitoring Group proposals on international auditing-related standard-setting (PDF)
Power to revoke legal practitioner trust account external examiners’ designation (PDF)
IAASB ED: ISA 540 Auditing Accounting Estimates and Related Disclosures(PDF)
AUASB and AASB strategy for three years to 2021 (PDF)
AUASB ED: ASAE 3500 Performance Engagements (PDF)
Department of Energy and Environment ED: National Greenhouse and Energy Reporting (NGER) Audit Determination and NGER Auditor Registration Instrument (PDF)
IAASB discussion paper on agreed-upon procedures engagements (PDF)
ASA 250 Consideration of Laws and Regulations in an Audit of a Financial Report and conforming amendments to other auditing standards to reflect NOCLAR (PDF)
Assurance challenges for emerging forms of external reporting (PDF)
Use of data analytics in the audit (PDF)
AUASB exposure draft on auditor reporting issues (PDF)
ASIC consultation paper on communicating audit findings (PDF)
Amendments to Auditing Standards ASA 810 (PDF)
Amendments to Auditing Standards ASA 800 and 805 (PDF)
The Victorian Auditor-General Discussion Paper March 2016 (PDF)
IAASB invitation to comment on enhancing audit quality (PDF)
FMA proposed variations to standard conditions of market service licences (PDF)
IAASB Proposed Amendments to International Standards Responding to Non-Compliance or Suspected Non-Compliance with Laws and Regulations (PDF)
IAASB Proposed Amendments to ISA 810 on Summary Financial Statements to reflect the auditor reporting enhancements (PDF)
Auditor responsibilities regarding other information (PDF)
Feedback on AUASB auditor reporting consultation (PDF)
IAASB – ISA 800 and ISA 805 (PDF)
APRA – simplification of reporting (PDF)
Proposed changes to long association of personnel (PDF)
Hong Kong regulatory proposals for audit (PDF)
Non assurance services for audit clients (PDF)
Proposed changes for non-assurance services (PDF)
What else should auditors be looking at? (PDF)
Strategic direction of audit standard-setter (PDF)
Assurance framework for the Emissions Reduction Fund (PDF)
Amendments to quality control standard (PDF)
Direct assistance from internal auditors (PDF) 
Resignation, removal and replacement of auditors (PDF)
A framework for audit quality (PDF)
Standard on assurance engagements: General purpose water accounting reports (PDF)
Proposed standard on review engagements (PDF)


Targeted amendments to the Division 7A integrity rules (PDF)
Small business: Single touch payroll (PDF)
Tax impediments facing Australian small businesses (PDF) 
Senate Economics Committee: Australia's innovation system (PDF)
Productivity Commission: Reducing the barriers to business set-up, transfer and closure (PDF)
Asian Century Taskforce (PDF) 
Future COAG regulatory reform agenda (PDF)

Corporate law

Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2018 (PDF)
ASX Corporate Governance Council: Consultation on the proposed fourth edition of the ASX Corporate Governance Principles and Recommendations (PDF)
Bankruptcy Amendment (Enterprise Incentives) Bill 2017 (PDF)
Strengthening penalties for corporate and financial sector misconduct (PDF)
Review of Corporate Insolvency Law - Report No. 2 of the Insolvency Working Group, on voidable transactions, Ponzi schemes and other corporate insolvency matters (PDF)
Extending crowd-sourced equity funding to proprietary companies (PDF)
Public consultation on amendments to Companies Act, LLPs Act and Accountants Act (PDF)
Inquiry into the Corporations Amendment (Crowd-sourced Funding) Bill 2016 (PDF)


Pre-policy address submission to the Hong Kong government 2019 (PDF)
Pre-Budget submission to the Australian Government – 2019-20 (PDF)
Modernising business registers program (PDF)
Pre-budget submission to the Australian Government – 2018-19 (PDF)
Hong Kong Budget 2018-19 (PDF)
The digital economy – opening the conversation (PDF) 
Combatting illegal phoenixing (PDF)
Review of the services and investment chapters of ChAFTA (PDF)
Proposed Australia/Hong Kong Free trade agreement (PDF)
Payment times and practices inquiry (PDF)
2017-18 pre-Budget submission (PDF)
Treasury’s consultation on social impact investing (PDF)


ASIC review of school banking programs: CP 323 (PDF)
Australian Curriculum Review (PDF)

Environmental, social and governance 

Implementation of the Insolvency Practitioners Regulation Act 2019: Proposed minimum standards and conditions for the licensing of insolvency practitioners (PDF)
Climate Change Authority – updating the authority's previous advice on meeting the Paris Agreement (PDF)
Review of the ESG Reporting Guide and Related Listing Rules of the Hong Kong Exchange (PDF)
Modern slavery in supply chains reporting requirements (PDF)
Corporations Amendment (Modernisation of Members Registration) Bill (PDF)
Inquiry into establishing a Modern Slavery Act in Australia (PDF)
Inquiry into carbon risk disclosure (PDF)
Elder abuse (PDF)
Task Force recommendations on climate-related financial disclosures (PDF)


Exposure Draft ED 04/19 Revision of APES 230 Financial Planning Services (PDF)
Exposure Draft July 2019 Proposed Revisions to the Code to Promote the Role and Mindset Expected of Professional Accountants (PDF)
Exposure draft 03/19 Revision of APESB Pronouncements (PDF)
Proposed standard: APES 330 Insolvency Services (PDF)
ED 01-18 Proposed Standard APES 220 Taxation Services (PDF) 
IESBA questionnaire on fees charged by audit firms (PDF)
ED 05-17 Proposed Standard APES 310 Client Monies (PDF)
ED 04-17 Proposed Standard APES 225 Valuation Services (PDF)
Treasury Laws Amendment (Whistleblowers) Bill 2017 – Exposure Draft: Corporate Whistleblowers (PDF)
Proposed Standard: APES 325 Risk Management for Firms (PDF)
Proposed application material relating to: (a) Professional Skepticism – Linkage with the Fundamental Principles; and (b) Professional Judgment – Emphasis on Understanding Facts and Circumstances (PDF)
Proposed guidance note: APES GN 31 Professional and Ethical Considerations relating to Low Doc Offering Sign-offs (PDF)
Improving the structure of the Code of Ethics for Professional Accountants —Phase 2 (PDF)
Proposed revisions pertaining to safeguards in the Code—Phase 2 and Related Conforming Amendments (PDF)
Proposed revisions to clarify the applicability of provisions in Part C of the Extant Code to Professional Accountants in Public Practice (PDF)
Long association of personnel with an audit or assurance client (PDF)
Proposed amendments to APES 110 Code of Ethics (PDF)
Review of tax and corporate whistleblower protections in Australia (PDF)
APESB: APES 310 Client Monies (PDF)
Code Changes on Long Association (PDF)
Improving the structure of the Code of Ethics (PDF)
Proposed revisions pertaining to safeguards in the code: Phase 1 (PDF)
Exposure Draft 03/15 – revision of APESB pronouncements (PDF)
Exposure Draft Responding to Non-Compliance with Laws and Regulations (PDF)
Exposure Draft 02/15 – revision of APESB pronouncements (PDF)
APES 350 Due Diligence Committees in connection with a Public Document (PDF)
Improving the Structure of the Code of Ethics for Professional Accountants (PDF)
Proposed strategy and work plan 2014 – 2018 (PDF)
Proposed amendments to APES 110 (PDF)
Auditor independence requirements (PDF)
APES 310 Dealing with Client Monies (PDF)
Charity governance standards (PDF)
Responding to a suspected illegal act (PDF)

Financial planning 

Mortgage broker best interests duty and remuneration reforms (PDF)
FASEA – Relevant Providers Exam Draft Legislative Instrument (PDF)
FASEA – Code of Ethics Draft Legislative Instrument (PDF)
FASEA – Relevant Providers Degrees, Qualifications and Courses Standard Draft Legislative Instrument (PDF)
FASEA – Foreign Qualifications Policy (PDF)
FASEA – Continuing Professional Development Draft Legislative Instrument (PDF)
FASEA  – Work and Training Requirement Draft Legislative Instrument (PDF)
Royal Commission into misconduct in the banking, superannuation and financial services industry (PDF)
FASEA consultation paper 7: Foreign qualifications (PDF)
FASEA consultation paper 6: Continuing professional development (PDF)
FASEA consultation paper 5: Professional work and training requirement (Professional Year) (PDF)
FASEA consultation paper 4: Provisional relevant provider term (PDF)
FASEA consultation paper 3: Financial adviser examination (PDF)
FASEA: Proposed guidance on education pathways for all advisers (PDF)
ASIC consultation paper 300 Approval and oversight of compliance schemes for financial advisers (PDF)
Consultation on Proposed Australian Financial Complaints Authority (AFCA) Rules (PDF)
FASEA – Code of Ethics for Financial Advisers Exposure Draft of Proposed Standard (PDF)
ASIC consultation paper 298 Oversight of the Australian Financial Complaints Authority (AFCA): Update to RG 139 (PDF)
Post-implementation review of APES 230 Financial Planning Services (PDF)
Review of the financial system external dispute resolution and complaints framework (PDF)
Corporations Amendment (Professional Standards of Financial Advisers) Bill 2015 exposure draft (PDF)
Lift the professional, ethical and education standards (PDF)
Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014 (PDF)
Professional indemnity insurance policy requirements for tax (financial) advisers (PDF)
Continuing professional education policy requirements for tax (financial) advisers (PDF)
Exposure draft TPB (I) D20/2014 – What is a tax (financial) advice service? (PDF)
Financial System Inquiry (PDF)
Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014 (PDF)
Proposed registration requirements for registered tax (financial) advisers (PDF)
Standard APES 230 Financial Planning Services(PDF)

Financial reporting

IPSASB: Exposure draft ED 69 Financial Instruments (PDF)
AASB Exposure Draft ED 297 Removal of Special Purpose Financial Statements for Certain For-Profit Entities – joint submission with CA ANZ (PDF)
AASB Exposure Draft ED 295 General Purpose Financial Statements – Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities – joint submission with CA ANZ (PDF)
Targeted review of the New Zealand Accounting Standards Framework (PDF)
IPSASB's consultation paper: Measurement – joint submission with CA ANZ (PDF)
Exposure draft ED/2019/4 Amendments to IFRS 17 (PDF)
Exposure draft ED/2019/2 Annual Improvements to IFRS Standards 2018-2020 (PDF)
Joint submission (with CA ANZ) on AASB’s proposed not-for-profit definition (PDF)
IFRS Foundation exposure draft Proposed Amendments to the IFRS Foundation Due Process Handbook (PDF)
Interest rate benchmark reform: Exposure draft ED/2019/1 Proposed Amendments to IFRS 9 and IAS 39 (PDF)
IPSASB exposure draft ED 67 Collective and Individual Services and Emergency Relief (PDF)
Discussion Paper Business Reporting of Intangibles: Realistic Proposals (PDF)
Exposure draft ED/2018/2 Onerous Contracts – Cost of Fulfilling a Contract (PDF)
Discussion Paper Managing Prudential Risk in Residential Aged Care (PDF)
ASIC – Cost recovery and search fees (PDF)
IASB Discussion Paper Financial Instruments with Characteristics of Equity (PDF)
Treasury consultation to raise thresholds for financial report lodgment (PDF)
AASB ITC 41 – AASB approach to IPSAS (PDF)
AASB ITC 39: Solving the reporting entity and SPFS problems (PDF)
Extending the definition of a Significant Global Entity (PDF)
AASB Phase 1 proposals to remove SPFS (PDF)
IPSASB ED 64 – Leases (PDF)
IAASB ED 2018/1 Accounting Policy Changes (PDF)
IPSASB strategy and work plan 2019-23 (PDF)
IESBA ED 63: Social Benefits (PDF)
Review of the Australian Charities and Not-for-profits Commission legislation (PDF)
AASB's standard-setting frameworks for for-profit entities and not-for-profit entities (PDF)
Definition of material: Proposed amendments to IAS 1 and IAS 8 (PDF)
Accounting policies and accounting estimates: Proposed amendments to IAS 8 (PDF)
Provision of general purpose financial statements to the ATO (PDF)
Amendments to IASB 16 Property, Plant and Equipment (PDF)
Financial reporting for heritage in the public sector (PDF)
Disclosure initiative: Principles of disclosure (PDF)
Modernising business registry services (PDF)
Post implementation review – IFRS 13 Fair Value Measurement(PDF)
Reduced Disclosure Requirements for Tier 2 entities – Australia (PDF)
Reduced Disclosure Requirements for Tier 2 entities – New Zealand (PDF)
Tentative agenda decision - Related Party Transactions for Public Sector Entities (PDF)
Service Concessions Arrangements – fatal flaw review (PDF)
ATO's consultation on general purpose financial reporting (PDF)
NSW Fair Trading support repeal of fundraising legislation (PDF)
Improving financial information in prospectuses (PDF)
AASB consultation on reporting service performance information (PDF)
Amendments proposed in ED 59 to IPSAS 25 Employee Benefits (PDF)
CPA Australia responds to the AASB on its agenda consultation 2017-19 (PDF)
CP 248 – remaking ASIC class orders on reporting by foreign entities (PDF)
ED 272 Transfers of Investment Property (PDF)
Draft Private Ancillary Fund and Public Ancillary Fund Amendment Guidelines 2015 (PDF)
IFRS Trustees Foundation Review (PDF) 
IFRS conceptual framework consultation (PDF) 
Exposure Draft 267 – clarifications to AASB 15 (PDF)
Exposure Draft 268 – effective date of amendments to AASB 10 and AASB 128 (PDF)
Proposals for income recognition by not-for-profit entities (PDF)
Grantor accounting for service concession arrangements (PDF)
Proposed amendments to IAS 7 (PDF)
ED 256 Removal of cross references (PDF)
ED 250 Australian groups with a foreign parent (PDF) 
Recognition of deferred tax assets for unrealised losses (PDF)
Joint IASB submission: Macro hedging (PDF)
Financial System Inquiry: Interim report (PDF)
How to improve disclosures in financial statements (PDF)
Proposed amendments to IFRS for SMEs (PDF)


Modernising the Charities Act 2005 (PDF)
AASB: ED 286 – Amendments to AAS – Right-of-use assets of not-for-profit entities  (PDF)
Treasury: Deductible Gift Recipient Reforms (PDF)
Senate Select Committee: Inquiry into charity fundraising in the 21st century (PDF)
AICD: Review of the ‘Good governance principles and guidance for NFP organisations’ (PDF)
Review of the Australian Charities and Not-for-profits Commission legislation (PDF)
CPA Australia calls for fundraising reform through the Consumer Law Review (PDF)
ACNC consultation paper on the 2016 Annual Information Statement (PDF)
ED 269 Recoverable amount of non-cash-generating specialised assets of NFPs (PDF)
Australia's Charities and Not-for-profits submission (PDF)

Public practice 

MYOB’s proposed acquisition of Reckon’s Practice Management Group (PDF)
Introduction of ASIC’s Fees-for-Service under the industry funding model consultation paper (PDF)
Independent review of the Public Governance, Performance and Accountability Act 2013(PDF)
ASIC cost recovery implementation statement – levies for ASIC industry funding (2017-18) (PDF)
Recommendation made in the small business lending report of the ASBFEO (Extending EDR schemes to cover accountants) (PDF)
Review of the future of the tax profession (PDF)
A model for regulation under Australia’s anti-money laundering and counter-terrorism financing regime (PDF)

Public sector 

Review of the New Zealand State Sector Act (PDF)
IPSASB ED 57 Impairment of Revalued Assets (PDF)
Standard setter’s future governance (PDF)
Strategic direction of the public sector accounting standard-setter (PDF)
Consolidated financial statements (PDF)
Disclosure of interests in other entities (PDF)
Investments in associates and joint ventures (PDF)
ED 51 Joint Arrangements (PDF)
Separate financial statements (PDF)


Non-arm's length income: Draft LCR 2019/D3 and PCG 2019/D6 (PDF)
Early release of super benefits under compassionate and financial hardship grounds and for victims of crime compensation (PDF)
Position paper: Transfer balance cap and SMSF ‘event-based’ reporting framework (PDF)
Inquiry into the impact of non-payment of the Superannuation Guarantee (PDF)
Better regulation and governance, enhanced transparency and improved competition (PDF)
Superannuation Legislation Amendment (MySuper Measures) Regulation 2013 (PDF)
Reporting standards for superannuation (PDF)
Superannuation Legislation Amendment (further MySuper and transparency measures) Bill 2012 (PDF)
Limited Recourse Borrowings by Superannuation Funds (Instalment Warrants) (PDF)
Senate Inquiry into the Future of Financial Advice Bills 2011 (PDF)


Improving enforcement options for serious corporate crime: Consideration of a Deferred Prosecution Agreements scheme in Australia (PDF)
Inquiry into carbon risk disclosure (PDF)
Draft offence of false accounting (PDF) 
Senate Economics References Commit tee inquiry into foreign bribery (PDF) 


ATO: CRP 2019/D1 Deceased estates – joint submission by CPA Australia and CA ANZ (PDF)
Treasury: Extending the definition of significant global entities exposure draft (PDF)
Inspector General of Taxation: Review into death and taxes – joint submission by CPA Australia and CA ANZ (PDF)
ATO: TR 2019/D4 deductions for work expenses – joint submission by CPA Australia, CA ANZ and IPA (PDF)
Senate Economics Legislation Committee – Currency (Restrictions on the Use of Cash) Bill 2019 (PDF)
OECD Secretariat Proposal under Pillar One – joint submission by CPA Australia and CA ANZ (PDF)
Tax integrity – improving the taxation of testamentary trusts (PDF)
Tax Practitioner Board Review – joint supplementary submission by CPA Australia and CA ANZ (PDF)
Tax Practitioner Board Review – joint submission by CPA Australia and CA ANZ (PDF)
Disclosure of business tax debts – legislative instrument (PDF)
Private ancillary fund guidelines (PDF)
Senate Economics Legislation Committee – Treasury Laws Amendment (2019 Tax Integrity and Other Measures No. 1) Bill 2019 (PDF)
E-invoicing initiative (PDF)
Currency (Restrictions on the Use of Cash) Bill 2019 (PDF)
Draft GST ruling – determining the creditable purpose of acquisitions in relation to
transaction accounts
Expansion of Reportable Tax Position Schedule to large private groups (PDF)
Singapore’s Ministry of Finance: Draft goods and services (GST) (Amendment) Bill 2019 (PDF)
Exposure draft Genuine redundancy and early retirement payments (PDF)
Tax Practitioners Board Draft PN40/2019 Letters of Engagement (PDF)
Remote Area Tax Concessions and Payments Issues Paper (PDF)
Review of the Tax Practitioners Board (PDF)
Review of the Compensation for Detriment Caused by Defective Administration (CDDA) scheme (PDF)
Treasury: Initial Coin Offerings Issues Paper (PDF)
Exposure draft of GRI topic-specific standard: Tax and Payments to Government (PDF)
The digital economy and Australia's corporate tax system (PDF
Designing a modern Australian Business Number system (PDF)
Board of Taxation: Review of small business tax concessions (PDF)
Inspector-General of Taxation: Review into the ATO’s use of garnishee notices (PDF)
Treasury: Increasing the integrity of the Commonwealth Procurement process (PDF)
Future of Tax background paper (PDF)
Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures (No.2)) Bill 2018 (PDF)
Improving the integrity of GST on property transactions (PDF)
Treasury Laws (Enterprise Tax Plan Base Rate Entities) Bill 2017 (PDF)
Tax treatment of payments for use and exploitation of a professional sportspersons public fame or image (PDF)
Collection models for GST on low value imported goods (PDF)
Black Economy Taskforce consultation document (PDF)
When are deductions allowed for employees' travel expenses? (PDF)
Treasury Laws Amendment (Housing Integrity Bill) 2017 (PDF)
Black Economy Taskforce interim report (PDF)
Small business over-franking in 2016-2017 income year because of tax rate change (PDF)
Treasury Laws Amendment (GST Low Value Goods) Bill 2017 (PDF)
Black Economy Taskforce (PDF)
Inquiry into taxpayer engagement with the tax system (PDF)
Time for a rethink on tax reform in Australia (PDF)
South Australian State tax review (PDF)