Policy Search Results

• AICD submission to Senate Economics Committee on termination payments

  Content Type: Policy Submission

  17 Jul 2009

  On 17 July 2009 AICD provided a submission to the Senate Economics Legislation Committee in response to its inquiry into the Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009. The submission outlines AICD’s concerns with the Bill, including the proposed low threshol...

• AICD comments on ICGN draft revised NED remuneration guidelines

  Content Type: Policy Submission

  23 Jun 2009

  On 23 June 2009 AICD wrote to the International Corporate Governance Network (ICGN) setting out its views on proposed changes to the ICGN’s guidelines on the remuneration of non-executive directors. In its letter AICD provided feedback on matters such as proposed guidance on minimum director share h...

• Submission to Treasury on Exposure Draft Corporations Amendment Improving Accountability on

  Content Type: Policy Submission

  29 May 2009

  On 29 May 2009 AICD lodged a submission with Federal Treasury in response to the Exposure Draft "Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009" (issued on 5 May 2009). The submission outlines AICD's concerns with the draft Bill including its impact on the intern...

• Submission to Productivity Commission on remuneration inquiry

  Content Type: Policy Submission

  29 May 2009

  On 29 May 2009 AICD lodged a submission with the Productivity Commission in response to the Commission's Issues Paper titled "Regulation of Director and Executive Remuneration in Australia" (issued April 2009). The 70 page submission covers many different aspects of NED and Executive Remuneration, i...

• IASB discussion paper preliminary views on financial statement prsentation

  Content Type: Policy Submission

  08 Apr 2009

  AICD strives to promote the simplicity, transparency, consistency and decision usefulness of financial reports and wishes to provide some general comments in response to the IASB paper Preliminary views on financial statement presentation. AICD has also produced 2 publications to support this - Unde...

• Submission to Australian Shareholders Association draft policy statement on executive rem

  Content Type: Policy Submission

  19 Mar 2009

  This submission provides some comments from AICD to the Australian Shareholders Association (ASA) on its draft policy statement on executive remuneration. It includes AICD's views regarding statutory restrictions on executive remuneration, binding shareholder vote and executive termination payme...

• Submission to Inquiry into the governance of NSW universities

  Content Type: Policy Submission

  18 Feb 2009

  NSW Inquiry into University Governance

• Senate Economics Committee Inquiry into Disclosure Regimes for charities and notforprofit

  Content Type: Policy Submission

  23 Sep 2008

  AICD believes that a ‘light touch’ needs to be applied in reforming not-for-profit (NFP) regulation so that volunteers and donors are not dissuaded by red tape from contributing their time, expertise and money to the sector. Cost burdens need to be balanced against the benefits of any regulatory reg...

• National Review into model Occupational Health and Safety Laws

  Content Type: Policy Submission

  14 Jul 2008

  AICD's answers to the specific questions posed by the review (see submission below) are underpinned by the following key principles:         laws should be uniform mutuality of obligation between employers and employees burden of proof should not be reversed ...

• Foreign source income antitax deferral review

  Content Type: Policy Submission

  23 Jul 2007

  AICD contributes to the debate on tax reform through the Business Coalition for Tax Reform (BCTR). While the BCTR supports and encourages the notion of achieving greater simplicity in our tax laws through the harmonisation of the four existing anti-tax deferral regimes, we believe the key out...

• CAMAC Long tail liabilities

  Content Type: Policy Submission

  22 Dec 2006

  This submission relates to a reference on the treatment of future unascertained person injury claims from the Parliamentary Secretary to the Treasurer to the Corporations and Markets Advisory Committee dated 12 October 2005 (Reference).Regulation of corporations which are required to account for pro...

• ED 148 Presentation of Financial Statements

  Content Type: Policy Submission

  14 Jun 2006

  AICD is concerned that SMEs are disadvantaged by the imposition of AIFRS due to the costs involved and because it runs contrary to the Australian Government's stated objective of reducing red tape. AICD Submission to AASB on ED148

• Inquiry into rural and regional womens representation

  Content Type: Policy Submission

  03 Feb 2006

  The AICD believes that the composition of boards is a matter for the company and its shareholders/members. The composition of boards should not be subject to externally imposed rules nor even guidance that suggests quotas for any particular segment of society (including women). Inquir...

• Draft Memorandum of Understanding on the role of Accounting Standard Setters and their relationshi

  Content Type: Policy Submission

  28 Jul 2005

  Mr Warren McGregorInternational Accounting Standards Board30 Cannon StreetLondon EC4M 6XHUNITED KINGDOM Dear Mr McGregor, Draft Memorandum of Understanding on the role of Accounting Standard - Setters and their relationship with the International Accounting Standards Board (IA...

• Financial Reporting Council Meetings

  Content Type: Policy Submission

  05 Apr 2005

  The Hon Chris Pearce MAICD MPParliamentary Secretary to the TreasurerHouse of RepresentativesParliament HouseCanberra ACT 2600 Dear Mr Pearce, Financial Reporting Council Meetings I am writing to you in relation to the outcome of the Financial Reporting Council's (FRC) recent re...

• Public Company Accounting Oversight Board PCAOB Rule Making Docket Matter No 017

  Content Type: Policy Submission

  14 Feb 2005

  From the perspective of an Australian director, the proposed rules appear to raise significant issues for foreign registrants that will impact on how directors, and more particularly audit committees, satisfy the requirements under Sarbanes-Oxley and the Securities and Exchange Commission’s auditor ...

• Inquiry into Australian Accounting Standards Inquiry

  Content Type: Policy Submission

  20 Jan 2005

  The AICD is concerned that the short time available for consultation means that the AICD has not had the opportunity of considering the detail of the proposed Standards and their consistency with the Corporations Act. The transition to international accounting standards is one of the most significan...

• Discussion Paper Preliminary Views on Accounting Standards for Small and Mediumsized Entities Dis

  Content Type: Policy Submission

  22 Dec 2004

  The AICD believes that a deficiency in the Discussion Paper is that it is does not identify an overall philosophy regarding the nature and extent of financial reporting by SMEs. The AICD believes that the Discussion Paper should make the following points clear: 1) Financial reporting standards have ...

• Remuneration Public Sector Queensland

  Content Type: Policy Submission

  14 Dec 2004

  We refer to the Discussion Paper for consultation on the remuneration of part-time chairs and members of government boards. We appreciate that the Paper has not been circulated for public comment or consultation. It has, however, been referred to the Queensland Council of the Australian Institute of...

• Financial Reporting Council FRC Review of Operations papers Papers Meetings and consultation

  Content Type: Policy Submission

  02 Dec 2004

  The functions of the FRC cannot clearly be identified with either regulatory bodies such as ASIC and APRA or the accounting and auditing standard setters. The FRC's current representational-style membership does not dispense with the need for public meetings . The AICD considers that public meetings...