Introduction The Institute of Public Accountants (IPA) welcomes the opportunity to offer our illegal ‘Combatting phoenixing’ submission and looks forward to working with the Government as it sets its economic agenda. The IPA is one of the three professional accounting bodies in Australia, representing over 35,000 members and students in more than 80 countries The IPA prides itself in not only representing the interests of its members and but also Australia’s small business sector. The IPA views illegal phoenixing’ as an essential activity to protect small bsuiensses that ‘Combatting may be vulnerable and fall victim to illegal phoeninxing. The IPA has therefore made numerous recommendations that we believe will assist the Government in setting this new agenda. The IPA’s submission has been prepared with the assistance of the IPA faculties including the faculties of taxation, accounting regulation, accounting education, financial services, corporate governance, public sector and business. We are grateful for their contribution and guidance. The IPA submission has also benefited from consultation with IPA members who have expressed their views and concerns on a variety of matters. We are also grateful to all those who have taken the time to provide their input. We look forward to discussing further and in more detail the IPA’s recommendations with the Government and Treasury. Please address any enquires to Tony tony.greco&publicaccountants.org.au or Vicki Stylianou Yours sincerely Tony Greco General Manager Technical Policy COPYRIGHT © Institute of Public Accountants (ABN 81 004 130 643) 2008. All rights reserved. Save and except for third party content, all content in these materials is owned or licensed by the Institute of Public Accountants (ABN 81 004 130 643). IPA Submission Mr James Mason Financial System Division The Treasury Langton Crescent PARKES ACT 2600
Introduction The Institute of Public Accountants (IPA) welcomes the opportunity to offer our ‘Combatting illegal phoenixing’ submission and looks forward to working with the Government as it sets its economic agenda. The IPA is one of the three professional accounting bodies in Australia, representing over 35,000 members and students in more than 80 countries The IPA prides itself in not only representing the interests of its members and but also Australia’s small business sector. The IPA views ‘Combatting illegal phoenixing’ as an essential activity to protect small bsuiensses that may be vulnerable and fall victim to illegal phoeninxing. The IPA has therefore made numerous recommendations that we believe will assist the Government in setting this new agenda. The IPA’s submission has been prepared with the assistance of the IPA faculties including the faculties of taxation, accounting regulation, accounting education, financial services, corporate governance, public sector and business. We are grateful for their contribution and guidance. The IPA submission has also benefited from consultation with IPA members who have expressed their views and concerns on a variety of matters. We are also grateful to all those who have taken the time to provide their input. We look forward to discussing further and in more detail the IPA’s recommendations with the Government and Treasury. Please address any enquires to Tony tony.greco&publicaccountants.org.au or Vicki Stylianou Yours sincerely Tony Greco General Manager Technical Policy COPYRIGHT © Institute of Public Accountants (ABN 81 004 130 643) 2008. All rights reserved. Save and except for third party content, all content in these materials is owned or licensed by the Institute of Public Accountants (ABN 81 004 130 643). IPA Submission Mr James Mason Financial System Division The Treasury Langton Crescent PARKES ACT 2600
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