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Institute Of Certified Management Accountants
The Institute of Certified Management Accountants (ICMA) is an Australian organisation operating globally, focused on management accounting. It differs from other Australian Accounting societies: CPA Australia, Institute of Chartered Accountants of Australia, Institute of Public Accountants The Institute of Public Accountants (IPA) is one of the three legally recognised professional bodies for accountants in Australia. The IPA represents more than 40,000 members and students working in industry, commerce, government, academia and ... due to this focus. History The ICMA became a legal reality when its first Constitution was adopted on October 11, 1996; and subsequently incorporated under the Associations Incorporations Act 1981 (Vic).) on November 12, 1996. In March 1997, at a meeting of the Founding Members it was decided that Mr Leon Duval (a practicing chartered accountant and management accountant of some 25 years standing) be elected as Interim-President. A room in ...
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Management Accounting
In management accounting or managerial accounting, managers use accounting information in decision-making and to assist in the management and performance of their control functions. Definition One simple definition of management accounting is the provision of financial and non-financial decision-making information to managers. In other words, management accounting helps the directors inside an organization to make decisions. This can also be known as Cost Accounting. This is the way toward distinguishing, examining, deciphering and imparting data to supervisors to help accomplish business goals. The information gathered includes all fields of accounting that educates the administration regarding business tasks identifying with the financial expenses and decisions made by the organization. Accountants use plans to measure the overall strategy of operations within the organization. According to the Institute of Management Accountants (IMA), "Management accounting is a profession t ...
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CPA Australia
CPA Australia ("Certified Practising Accountant") is a professional accounting body in Australia founded in 1886. As of 31 December 2020, it has 168,736 members working in 150 countries and regions around the world. CPA Australia currently has 19 staffed offices across Australia, China, Hong Kong, Malaysia, Singapore, Indonesia, Vietnam, New Zealand and the UK. History The current form of CPA Australia dates from 1952, when the Commonwealth Institute and Federal Institute merged to create the Australian Society of Accountants. In July 1990 the name changed to the Australian Society of Certified Practising Accountants, and in April 2000, the name became CPA Australia. The main predecessor bodies of the Society, with year of formation, were: *Incorporated Institute of Accountants, 1886 *Federal Institute of Accountants, 1894 *Association of Accountants of Australia, 1910 *Australasian Institute of Cost Accountants, 1920 CEO controversy The CEO of CPA Australia from 2008, Alex Ma ...
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Institute Of Chartered Accountants Of Australia
The Institute of Chartered Accountants in Australia (the institute) was the professional accounting body representing Chartered Accountants in Australia before it merged with the New Zealand Institute of Chartered Accountants to become Chartered Accountants Australia and New Zealand. It had over 61,000 members and some 12,000 students. It was one of three major legally recognised Professional Accountancy bodies in Australia. The others being CPA Australia and Institute of Public Accountants. It is a founding member of the Global Accounting Alliance (GAA). Members of the Institute are part of the international accounting coalition of the world's premier accounting bodies, the GAA. Chartered Accountants audit 100 per cent of the Top ASX-listed companies in Australia. In November 2013 Members of The Institute of Chartered Accountants in Australia and the New Zealand Institute of Chartered Accountants voted yes on a proposal to create One New Institute: "Chartered Accountants Aus ...
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Institute Of Public Accountants
The Institute of Public Accountants (IPA) is one of the three legally recognised professional bodies for accountants in Australia. The IPA represents more than 40,000 members and students working in industry, commerce, government, academia and professional practice. The organisation rebranded from its previous title, the National Institute of Accountants (NIA), on 2 May 2011. In 2012, the IPA was ranked 19th in the BRW Most Innovative Companies list. The IPA launched its digital hub https://www.publicaccountant.com.au/, an expanded digital edition of its flagship journal ''Public Accountant'', in early 2013. History The Institute of Public Accountants (IPA) is one of Australia's oldest representative professional bodies, formed in 1923. * 1923 - Institute of Factory and Cost Accountants, formed in Melbourne, Victoria. * 1950 - Institute of Taxation and Cost Accountants, name change. * 1957 - National Institute of Accountants, name change. * 1967 - Institute of Commercial ...
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Associations Incorporation Act 1981 (Victoria)
Associations Incorporation Act 1981 (Victoria) is the act of the Parliament of Victoria in Australia to make provision for the incorporation of certain associations, for the regulation of these incorporated associations. It was assented to on 5 January 1982 and came into operation on 1 July 1983 after being printed in the ''Government Gazette'' on 25 May 1983 (p. 1238). Among other changes, it amended the Evidence Act 1958. Consumer Affairs Victoria Consumer Affairs Victoria (CAV) is a government agency that protects and promotes the interests of consumers and is based in the Australian state of Victoria. It is responsible for reviewing and advising the Victorian Government on consumer legisl ... administers this legislation. Purpose The aim of the act is to provide a way for the: * registration and incorporation of associations * regulation, accountability and governance of associations External links Legislation Administered by Consumer Affairs VictoriaLegisl ...
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Commonwealth Of Nations
The Commonwealth of Nations, simply referred to as the Commonwealth, is a political association of 56 member states, the vast majority of which are former territories of the British Empire. The chief institutions of the organisation are the Commonwealth Secretariat, which focuses on intergovernmental aspects, and the Commonwealth Foundation, which focuses on non-governmental relations amongst member states. Numerous organisations are associated with and operate within the Commonwealth. The Commonwealth dates back to the first half of the 20th century with the decolonisation of the British Empire through increased self-governance of its territories. It was originally created as the British Commonwealth of Nations through the Balfour Declaration at the 1926 Imperial Conference, and formalised by the United Kingdom through the Statute of Westminster in 1931. The current Commonwealth of Nations was formally constituted by the London Declaration in 1949, which modernised the ...
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United Nations Framework Convention On Climate Change
The United Nations Framework Convention on Climate Change (UNFCCC) established an international environmental treaty to combat "dangerous human interference with the climate system", in part by stabilizing greenhouse gas concentrations in the atmosphere. It was signed by 154 states at the United Nations Conference on Environment and Development (UNCED), informally known as the Earth Summit, held in Rio de Janeiro from 3 to 14 June 1992. Its original secretariat was in Geneva but relocated to Bonn in 1996. It entered into force on 21 March 1994. The treaty called for ongoing scientific research and regular meetings, negotiations, and future policy agreements designed to allow ecosystems to adapt naturally to climate change, to ensure that food production is not threatened and to enable economic development to proceed in a sustainable manner. The Kyoto Protocol, which was signed in 1997 and ran from 2005 to 2020, was the first implementation of measures under the UN ...
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Accounting In Australia
Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and " financial reporting" are often used as synonyms. Accounting can be divided into several fields including financial accounting, management accounting, tax accounting and cost accounting. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to the external users of the information, such as investors, regulators and suppliers; and management accounting focuses on the measurement, a ...
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Professional Accounting Bodies
A professional accounting body is an organization or association of accountants in a particular jurisdiction. Usually a person needs to be a member of such professional body to hold out to the public of the jurisdiction as an accountant. The designations for qualified accountants vary from jurisdiction to jurisdiction, such as Cost and Management Accountant (CMA), Chartered Accountant (CA/ACA), Chartered Certified Accountant (CCA), Chartered Professional Accountant (CPA), Certified Public Accountant (CPA), Certified Practising Accountant (CPA), Chartered Management Accountant (ACMA), Certified Management Accountant (CMA), or Chartered Public Finance Accountant (CPFA). Some countries have a single professional accounting body (e.g. Brazil) while others have several. If there is more than one body, such bodies may or may not compete with each other; in some countries, professional accounting bodies are divided according to their field of activity. For example, India has two ...
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