Abstracts » Business, general

CLERP 9 and a flawed trio

Article Abstract:

The potential deficiencies in the procedures that CPA Australia, the Institute of Chartered Accountants (ICAA) and the National Institute of Accountants (NIA) follow to manage the professional behavior of their accountant members are examined. The concerns of the accountant members on these deficiencies in the wake of the proposed Federal Government's new corporate law reform (CLERP 9) are discussed.

Associations, institutions, etc., Accountants, Organizations

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Stifled by the rules

Article Abstract:

Small companies listed on the Australian Stock Exchange are of the opinion that the new corporate governance rules being imposed post Enron and HIH insurance instances are likely to consume resources like time, money and entrepreneurial skills and will in effect be expensive to implement.

Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Economic aspects, Corporate governance, Securities industry, Australian Stock Exchange Ltd., Small and medium sized companies

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Audit board in limbo

Article Abstract:

The role, funding and management of the Australian Auditing and Assurance Standards Board (AuASB) will be changed under CLERP 9 (Corporate law economic reform program). The board's fight to prove its relevance and the steps taken by its chairman Bill Edge in this direction are discussed.

Financial management, Executive changes & profiles, Officials and employees, Finance, Beliefs, opinions and attitudes, Works, Administrative agencies, Government agencies, Company financing, Chairpersons, Funding, Edge, Bill

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