Table Of Content

AUSTRALIAN ACCOUNTANT FEBRUARY 1.9.9 2 A Practice. Interview with Colin Parker (Membership Services) A PERSONAL VIEW CPAs Join ASX to Improve Reporting (News) Sep. Catalyst Plus: ASCPA Product Report (Infotech) Jul. Accounting in a Banana Republic: Norman Cain Corporations Law: Some Important Amendments: Ian Aug. Getting Australia Back on Track b Langfield-Smith Helping Employers to Help Australia: Nick Renton . Due Process and User Participation in Standard Jun. Setting: Asheq Rahman ABSORPTION COSTING EDS52 ‘Statement of Cash Flow’ Issued (News) Jul. EDS3 ‘Accounting for Employee Entitlements’ Issued Dec. Absorption Costing: What Relevance?: Garry Vistarini May (News) Variable v Absorption Costing: Warwick N. Aug. Financial Reporting by Financial Institutions and Feb. _Funnell (Letter to Ed.) Accounting for Financial Instruments: Phil Hancock Reply by Author (Letter to Ed.) Sep. (AARF) Great Plains: ASCPA Product Report (Infotech) Oct. ACCOUNTANCY PROFESSION The Greening of Accountancy: Mark Kestigan Sep. An Environmentally Friendly Checklist Sep. Chiefs or Indians - Women in Accountancy: Carol Cohn Dec. 20 Managing to Be Green Sep. The Women Pioneers of Accountancy Dec. 31 A Handbook for Students. Interview with Mar. Competency Based Standards (News) Dec. 11 Ian Langfield-Smith From South Africa (News) Sep. 11 IASC Issues EDs 36, 37, 38 and 39 (News) Sep. 14, Trans-Tasman Liaison (News) _ Aug. 9 Infrastructure and Heritage Asset Accounting: Tom Jul. What’s in a Name?: Michele Sims (Letter to Ed.) Aug. 16 Rowles (AARF) New Consolidations Standards (News) Nov. ACCOUNTANTS/ACCOUNTING FIRMS Omnibus Standard on Differential Reporting (News) Aug. Paciolo 2000: ASCPA Product Report (Infotech) Dec. Accountancy Firms Move into East Europe (News) Oct. 8 Reissue of ASRB1010: Accounting for the Aug. 7, Nov. Accountants Accused: Russ Gleeson (Financial Jun. 37 Revaluation of Non-current Assets (News) Directions) SunAccount: ASCPA Product Report (Infotech) Jun. Accountants Superannuation Fund. Prepared by The Oct. 35 Timing and Frequency of Financial Reporting (News) May Alexander Consulting Group Which Bank?: Judith Trutwein (Letter to Ed.) Dec. Award Superannuation and Accountants. Article Oct. 38 supplied by The Dept. of Industrial Relations ACCOUNTING STANDARDS Beyond Tax: Russ Gleeson Feb. 14 REVIEW BOARD Farewell Tax, Hooray Financial Planning Feb. 20 Towards a New Designation Feb. 21 See Australian Accounting Standards Board The Grass in Greener on the Other Side: Apr. 12 John A. Godfrey (Letter to Ed.) ANNUITIES Chiefs or Indians - Women in Accountancy: Carol Cohn Dec. 20 The Women Pioneers of Accountancy Dec. 31 Annuity Quete Service (News) May Choosing a Computer System Made Easy: Colin Ferguson Mar. Assessing Annuities: Ian Heraud (Financial Directions) Jul. and Wes Obst (Infotech) Computer Advisers Warned (News) Jul. ASSETS The Ethical Cringe: Ray Chambers (Text of an Address) —_ Jul. ASCPA: Committed to Ethical Behaviour Jul. Infrastructure and Heritage Asset Accounting: Tom Desperately Seeking Ethics: Murray Cree and Jul. Rowles (AARF) Geoffrey Baring SunAccount: ASCPA Product Report (Infotech) Financial Planning for Accountants: Russ Gleeson Oct. Free Accountancy Advisory Service (News) Sep. ASSETS REVALUATION Graduate Employment: Feast or Famine: Carol Cohn Aug. Correction (News) Nov. Reissue of ASRB1010: Accounting for the Aug. 7, Nov. Competing in a Tough Market Aug. Revaluation of Non-current Assets (News) Industry Based Learning (News) Dec. Warning for Professional Advisers (News) Nov. AT LEISURE By David McGonigal ACCOUNTING Anyone for Golf? Bedroom Negotiations ASRB1010 and AAS10 Reissued (News) Aug. 7, Nov. 11 Coral Islands Absorption Costing: What Relevance?: Garry Vistarini May 40 Downhill Trends - The 1991 Ski Season Variable v. Absorption Costing: Warwick N. Aug. 14 Family Holidays Funnell (Letter to Ed.) Great Escapes Reply by Author (Letter to Ed.) Sep. 16 Last Minute Christmas Holidays Accounting in a Banana Republic: Norman Cain Sep. 32 Travelling North (A Personal View) Accounting Software Gets a New Image: Ken Reich Sep. 53 (Infotech) AUDITING Accounting Standards Made Easy (News) Nov. 17 Audit Monograph 2 - ‘Auditors Legal Duties and Mar. 10 Accounting Standards: a Benchmark for Professional Jul. 34 80 AUSTRALIAN ACCOUNTANT FEBRUARY 1992 Liabilities in Australia’ (News) Omnibus Standard on Differential Reporting (News) Aug. 7 Audit Reports Under the New Corporations Law (AUG8) Apr. Reissue of ASRB1010: Accounting for the Aug. 7, Nov. 11 (News) Revaluation of Non-current Assets (News) Auditing with Microcomputers: Ralph Tower Oct. Auditors’ Legal Liability and the Expectation Gap: Feb. AUSTRALIAN COMPANY NUMBERS David Godsell Beware of Caparo: Peter Forster (Letter to Ed.) Jul. Rubber Stamp Makers to Lead Economic Recovery? May 15 Auditors’ Duty of Care: A (Peter) Forster Oct. (News) (Letter to Ed.) Reply: Author Oct. AUSTRALIAN SECURITIES Auditors’ Potential Criminal Liability: David Godsell Aug. COMMISSION Engagements to Perform Agreed - Upon Procedures May (ED38) (News) Corporate Affairs System: ASCPA Product Report New Auditing Course (Inst. of Internal Auditors) Jul. (Infotech) (News) Dealers’ Licences (News) New Auditing Guidance Release (AUG9) (News) Sep. Proper Authority: Marilyn Keane (Letter to Ed.) New Trust Account Requirements - An Overview Dec. The Traps of the New Insider Trading Laws: Morris Dec. Proposed Changes to Audit Reporting Requirements in ‘ Landau ED39 (AARF) Wanted: Local ASC Representatives (News) Sep. Austin, John - Property - Yes or No? (Financial Directions) AUSTRALIAN SOCIETY OF CPAS ASCPA: Committed to Ethic Behaviour Jul. AUSTRALIAN ACCOUNTING Accountants Superannuation Fund Prepared by The Oct. RESEARCH FOUNDATION Alexander Consulting Group Accounting Standards: A Benchmark for Professional Jul. Accounting Standards Practice. Interview with Colin Parker AAS 10 - Accounting for the Revaluation of Non- Annual Research Lecture in Government Accounting Nov. Current Assets (News) (10th) 7 Nov. 1991 AAS 24 - Consolidated Financial Reports (News) Annual Report 1990 of the National and of insert Mar. AAS 27 - Financial Reporting by Local Governments Divisional Councils (News) Audit of Practitioner Trust Accounts Oct. 9, Dec. 28 Audit Monograph 2 - Auditors Legal Duties and Expressions of Interest Liabilities in Australia (News) Australia Day Honours Mar. 10 Auditing Guidance Releases Award Superannuation and Accountants Article Oct. 38 AUG8 - Audit Reports Prepared Pursuant to Supplied by The Dept. of Industrial Relations the Corporations Law (News) Bond University Course Accredited Feb. 12, Mar. 12 AUG9 - Privity Letter Requests (News) CPA Affinity Card Mar. 10, insert May Discussion Papers Affinity Card Rewards Oct. 11 14 - Financial Institutions and Accounting Affinity Card Winner Sep. 19 for Financial Instruments: Phil Hancock CPA House (Inauguration of Refurishment and Re-Naming) Apr. 7 - (News) CPA Program 15 - Timing and Frequency of Financial Reporting The CPA Program: Ensuring Professional May 25 Reporting (News) Excellence: Interview with Ann Johns Due Process and User Participation in Standard Eligible for Training Levy Apr. Setting: Asheq Rahman Correction Jun. Exposure Drafts Enrolments for 1992 Nov. ED38 - Engagements to Perform Agreed- Exemptions Jun. Upon Procedures (News) Management Accounting Unit Out of Date: Phillip Aug. ED39 - The Audit Report on a General Purpose Ho (Letter to Ed.) Financial Report. Proposed Changes Reply by Executive Director & Education Aug. EDS2 - Statement of Cash Flow (News) Officer EDS3 - Accounting for Employee Entitlements (News) PY vs CPA Program: Christopher Kelly Mar. Infrastructure and Heritage Asset Accounting: Tom (Letter to Ed.) Rowles Take Off those Blinkers: Judith Trutwein Apr. Obituary (Letter to Ed.) Feller, Dr. Bruno Program to be Reviewed Jun. CPAs Join ASX to Improve Reporting Sep. AUSTRALIAN ACCOUNTING Dealer’s Licences Jun. STANDARDS BOARD Eastwood, Ken From the President Mar. ASRB Sets Priorities for 1991 (News) May Exemptions for ASCPA Members in MBA Program May 9 Accounting Standards: A Benchmark for Professional Financial Planning for Accountants: Russ Gleeson Oct. 18 Practice: Interview with Colin Parker Forgotten Members: William Richardson (Letter to Ed.) Jun. 10 Due Process and User Participation in Standard Jun. Free Accountancy Advisory Service Sep. 18 Setting: Asheq Rahman From the President Mar. 7, Apr. 5, May 5, Jun. 5, Jul. 7, New Consolidations Standards (News) Nov. 16 Aug. 5, Sep. 5, Oct. 5, Nov. 5, Dec. 7 AUSTRALIAN ACCOUNTANT FE -B°R UALR 1-49 2 81 IT Department: Keeping Pace with Change. Interview Publications with Paul Thewlis Accounting and Auditing Handbook 1991 Feb. 10 Industry Based Learning Interview with Ian Langfield-Smith Mar. 18 Library Australian Accounting Review (AAR) Mar. 11, May 23, ASCPA Library Offers Range of Resources AAR Celebrity Launch Aug. 8 Money Well Spent: Peter J. Keenan CPAs Guide to Accounting Software May 42 (Letter to Ed.) Corporate Practices and Conduct Jul. 27 Extended Library Hours Members Handbook Updates Feb. 9, Jul. 9, Aug. 8, Dec. 15 Life Membership Queen’s Birthday Honours Aug. 7 Lanigan, Pat Register of Members Feb. 72, Mar. 76, Apr. 70, Jun. 69, Jul. 74 Membership Certificates Aug. 73, Sep. 73, Oct. 74, Nov. 73, Dec. 74 New Certificate Enhances Society’s Status: Sir Revised Structure for the Society (Summary of Jul. 14 Robert Roscoe (Letter to Ed.) Cresap Report) New Certificate is Unprofessional: Mark Kierzak Scholarships for PhDs Feb. 12 and Robert Kipp (Letter to Ed.) Self Funded CPD May be Unwise: Kevin Lovewell Aug. 17 Reply: Executive Director (Letter to Ed.) Membership Services Reply: Executive Director Aug. 17 ASCPA Library Offers Range of Resources Society Premises a Smoke-Free Zone Dec. 15 Money Well Spent: Peter J. Keenan Stolen Clients: A. Kidd (Letter to Ed.) Jun. 8 (Letter to Ed.) Reply: National Mutual Jun. 8 Extended Library Hours Thanks ASCPA: G.F. Ellis (Letter to Ed.) Jun. 8 Accounting Standards: A Benchmark for Trade Practices Study. Submissions Sought Jul. 12 Professional Practices. Interview with Trans-Tasman Liaison Aug. 9 Colin Parker Unification The CPA Program: Ensuring Professional May 25 From the President Mar. 7, Apr. Excellence. Interview with Ann Johns From the President of the ICAA Feb. IT Department: Keeping Pace with Change. Oct. 32 PY vs CPA Program: Christopher Keily (Letter to Ed.) Mar. Interview with Paul Thewlis Take Off Those Blinkers!: Judith Trutwein Apr. National Calendar Feb. 4, Mar. 3, Apr. 4, May 4, (Letter to Ed.) Jul. 3, Aug. 6, Sep. 6, Oct. 1, Nov. 1, Dec. 1 Open Letter: John Watson (Letter to Ed.) Jun. National Council Meeting Sep. 7 Notice of General Meeting Mar. National Council Report Dec. 8 Royal Charter Unnecessary: D.J. Goodwin (Letter to Ed.)Mar. News Feb. 10, 12, Mar. 8-12, Apr. 7-9, May 8-15, Jun. 12-13, Victorian State Congress. Sept. 1991 Jul. Jul. 9-12, 14-16, Aug. 7-9, Sep. 11-15, 18-19, Oct. 6-12, Report Nov. Nov. 7-11, 16-17, Dec. 11-15 Waldron, Brian - New ASCPA National President: May New South Wales Division Carol Cohn (Profile) Cortese, Denis (NSW Deputy Tax Commissioner) May 8 From The President Apr. 5, May 5, Jun. 5, Jul. Elected as State President Aug. 5, Sep. 5, Oct. 5, Nov. 5, Dec. Martin, Carrick (Prof) elected to Divisional Sep. 10 What’s in a Name?: Michele Sims (Letter to Ed.) Aug. Council The Women Pioneers of Accountancy: Carol Cohn Dec. New Trust Account Requirements - An Overview Dec. 18 Northern Territory Branch AWARDS Northern Australian Accountants PD Conference Aug. 17, Dec. 11 June 1992 (See also Australian Society of CPAs) Notices of Annual General Meetings Feb. 6, Mar. 8, Apr. 66 Australia Day Honours Mar. Obituary The Australian Management Game Competition Feb. 70, Apr. Feller, Dr. Bruno Dec. 16 Invitation and Nomination Form Off Shore Tertiary Courses Feb. 12 EDP Research Paper Prize and Grant (News) Oct. Orientation Workshop Jun. 13 1993 Churchill Fellowships (News) Nov. Piggybacking on CPA: Aidan Power (Letter to Ed.) Aug. 16 Queen’s Birthday Honours Aug. Reply: Executive Director Aug. 16 Scholarships for PhDs (News) Feb. Certificates Don’t Make the Professional: I.J. Sep. 16 McMullan (Letter to Ed.) Professional Conduct ACT Apr. 14, Nov. 14-15 B New South Wales Sep. 7, Oct. 16, Nov. 14, Dec. 17 BANKING Queensland Feb. 9, May 6, Jun. 6, Aug. 10, Dec. 17 South Australia Nov. 14 Regulation of NBFIs: Linda English Victoria May 6, Jun. 6, Aug. 11-12, Sep. 8, Nov. 14-15, Dec. 17 KPMG Peat Marwick’s Report on Victorian NBFIs Western Australia Apr. 14, Jun. 6, Sep. 8 The US Thrift Crisis Professional Indemnity Insurance Mar. 34 Warning for Professional Advisers (News) Professional Schedule Enrolments 1991 (Semester 2) Jun. 58, Jul. BAR CODES Enrolments 1992 Nov. 43, Dec. Exam Results Oct. Better Bar Coding. Interview with Peter Hall of National Education and Membership Advisory Apr. 33, Oct Quadtec Pty. Ltd. (Infotech) Committee - Review of Public Practice Baring, Geoffrey - Desperately Seeking Ethics Programme and Specialisations. Comments sought Bartlett, Steve AUSTRALIAN ACCOUNTANT FEBRUARY i 9 - Government Blitz on Super (Financial Directions) Feb. Chambers, Ray - The Ethical Cringe - How Much Does a Salary Cost? (Financial Directions) Feb. - Super v Salary (Financial Directions) Jul. 3 Cohn, Carol - Chiefs or Indians - Women in Accountancy Bateman, Greg - Have You Got $97 Million to Spare? Nov. : The Women Pioneers of Accounting - Graduate Employment: Feast or Famine BOOK REVIEW - Brian Waldron - New ASCPA National President (Profile) Business Mates: The Power and Politics of the Oct. 5 Hawke Era, by Doug McEachern. Rev. by Frank Reed COMPUTER APPLICATIONS Company Directors’ Manual, edited by Athol Yeomans __ Feb. Rev. by Linda English Auditing with Microcomputers: Ralph Tower Computer Integrated Manufacturing: Ray Knight, Lee BUDGET Knight and Patrick Donohoe The 1991 Federal Budget: Robert Richards COMPUTER INDUSTRY BUILDING SOCIETIES The Computer Industry Matures: Ian Robinson (Infotech) Regulation of NBFIs: Linda English COMPUTER NETWORKS KPMG Peat Marwick’s Report on Victorian NBFIs The US Thrift Crisis Apricot LANstation: ASCPA Product Report BUSINESS ETHICS COMPUTER SOFTWARE The Ethical Cringe: Ray Chambers (Text of an address) (See also TECHNOLOGY AND LAW) ASCPA: Committed to Ethical Behaviour Accounting Software Gets a New Image: Ken Reich Desperately Seeking Ethics: Murray Cree and (Infotech) Geoffrey Baring Court Action Against Computer Dealer (News) Great Plains: ASCPA Product Report (Infotech) BUSINESS FAILURES Paciolo 2000: ASCPA Product Report (Infotech) SunAccount: ASCPA Product Report (Infotech) Court Decision Makes Lending Riskier (News) Sep. The Commissioner’s Priority Access: Robert Warnock _ Nov. COMPUTERS Have You Got $97 Million to Spare?: Greg Bateman Nov. Regulation of NBFIs: Linda English Nov. Apricot FTs Server: ASCPA Product Report (Infotech) Sep. KPMG Peat Marwick’s Report on Victorian NBFIs Nov. Choosing a Computer System Made Easy: Colin Ferguson Mar. The US Thrift Crisis Nov. and Wes Obst (Infotech) The Tax Man Should Stand in Line (News) Oct. Computer Advisers Warned (News) Jul. Stop That Runaway!: Andrew Kent (Infotech) Apr. BUSINESS INTERRUPTION INSURANCE CONFERENCES, SEMINARS, ETC Business Interruption Insurance: Navroze Narielvala Mar. 28 (See also Australian Society of CPAs) 3rd Asian-Pacific Conference on International May C Accounting Issues. Hawaii, Oct. 1991 Cain, Norman - Accounting in a Banana Republic Call for Papers (A Personal View) 4th Australasian Finance and Banking Conference. Mar. Sydney, Nov. 1991 5th Jerusalem Conference on Accountancy. Nov. 1991 CAPITAL BUDGETING XIV World Congress of Accountants. Washington DC, Sep. Capital Budgeting: Theory versus Practice: Mark Sep. 36 Oct. 1992 Freeman and Garry Hobbes 1991 Hong Kong Investment Conference. May 1991 1991 International Accountants in Government Oct. Casey, Kevin - Benefit Payments - The Responsibilities May 57 Convention. Gold Coast, Nov. 1991 of Trustees/Employers (Financial Directions) Improving Annual Reports in the Public Sector Oct. Conference. Sydney, Nov. 1991 CASH FLOW CONTRACTING OUT Catalyst Plus: ASCPA Product Report (Infotech) Jul. 51 AARF Issues EDS2 ‘Statement of Cash Flows’ (News) Jul. 10 Commercialising the Public Sector: Mary Kelaher IASC Issues ED36 ‘Cash Flow Statements’ (News) Sep. 14 CONTRACTS CASH TRANSACTIONS Australian Commercial Contracts: Paul Klumpes Accountants Accused: Russ Gleeson (Financial Directions) Jun. 37 AUSTRALIAN ACCOUNTANT FEBRUARY 1992 COPYRIGHT Fewer Fully Franked Dividends: David J. Green (Letter to Ed.) Copyright Problems for Software Developers: Anna Sharpe (Technology & Law) Donohoe, Patrick - Computer Integrated Manufacturing More Developments in Copyright Law: Anna Sharpe (Technology & Law) The Penalty for Copyright Infringement: Gordon Hughes (Technology & Law) E ECONOMICS CORPORATIONS LAW Asia to Lead World Economic Recovery (News) Oct. Appeals Under the Corporations Law (News) ; Australia: The No. | Investment (News) Nov. Audit Reports Under the New Corporations Law (AUG8) . Building a Competitive Australia: Robert Richards May (News) Business Mates: the Power and Politics of the Hawke Oct. Auditors’ Potential Criminal Liability: David Godsell Era, by Doug McEachern (Book review by Frank Reed) Corporate Affairs System: ASCPA Product Report May Europe 1992 Ready for Business: Mark Kestigan Jun. (Infotech) Australian Businesses in Europe Jun. Corporations Law: Some Important Amendments: Ian Aug. Counting Down to a Single Currency Jun. Langfield-Smith Getting Australia Back on Track (A Personal View) Dec. Dealers’ Licences (News) Jun. The Gulf War: Counting the Costs: Mark Kestigian Apr. Due Diligence Guide (News) Jun. Helping Employers to Help Australia: Nick Renton Nov. The Great Temptation: Tony Laumberg Dec. (A Personal View) Have You Got $97 Million to Spare?: Greg Bateman Nov. New Rules for Investment Advisers: Charles Rosedale and Aug. EDUCATION Penny Grau (Financial Directions) New Rules on Prospectus Marketing (News) May (See also Australian Society of CPAs) Predators Beware! (News) Oct. Assisting Management Accountants (News) Nov. Proper Authority: Marilyn Keane (Letter to Ed.) Nov. Back to School for 300,000 (News) Jul. Rubber Stamp Makers to Lead Economic Recovery? (News) May Bond University Course Accredited (News) Feb.12; Mar. The Traps of the New Insider Trading Laws: Morris Dec. Competency Based Standards (News) Dec. Landau Exemptions for ASCPA Members in MBA Program (News) May Graduate Employment: Feast or Famine: Carol Cohn Aug. COST MANAGEMENT Correction (News) Nov. Competing in a Tough Market Aug. ABCM: Challenging Tradition: Danny Dale : A Handbook for Students. Interview with Ian Langfield- Mar. Absorption Costing: What Relevance?: Garry Vistarini Smith Variable v. Absorption Costing: Warwick N. ; Industry Based Learning (News) Dec. Funnel] (Letter to Ed.) Off-Shore Tertiary Courses (News) Feb, Reply by Author (Letter to Ed.) New Auditing Course (Inst. of Internal Auditors) (News) Jul. Activity Based Cost Management: Danny Dale : Which Bank?: Judith Trutwein (Letter to Ed.) Dec. Time for Change: Danny Dale ABC Misunderstood: Victor Fatseas (Letter to Ed) EMPLOYEE BENEFITS ABC Not a Panacea: Robin Gomm (Letter to Ed) EDS3 ‘Accounting for Employee Entitlements’ Issued Dec. CREDIT CONTROL (News) How to Hurry a Slow Payer (News) EMPLOYMENT Cree, Murray - Desperately Seeking Ethics Graduate Employment: Feast or Famine: Carol Cohn Aug. Correction (News) Nov. D Competing in a Tough Market Aug. Helping Employers to Help Australia: Nick Renton Nov. Dale, Danny (A Personal View) - ABCM: Challenging Tradition f Recession Recruitment (News) Dec. - Activity Based Cost Management - Time for Change ; English, Linda - Regulation of NBFIs DIRECTORS ENVIRONMENT Company Directors’ Manual, edited by Athol Yeomans . The Greening of Accountancy: Mark Kestigian (Book review by Linda English) An Environmental Friendly Checklist The Great Temptation: Tony Laumberg : Managing to be Green Have You Got $97 Million to Spare?: Greg Bateman ETHICS DIVIDENDS The Ethical Cringe: Ray Chambers (Text of an address) Jul. 18 Fewer Fully Franked Dividends: Ann Wills Feb. ASCPA: Committed to Ethical Behaviour Jul. 27 84 AUS TRALI CCOUNTANT FEBRUARY ie ez Desperately Seeking Ethics: Murray Cree and Securitor Performance Table Feb. 69, Mar. 52, May Geoffrey Baring & Asgard Tables Super v Salary: Steve Bartlett Jul. EUROPEAN COMMON MARKET A Super Tax Saving: Drew Owens Nov. Super Solution: Ian Heraud Oct. Europe 1992 Ready for Business: Mark Kestigian Tell and Sell: Russ Gleeson Dec. Australian Businesses in Europe Counting Down to a Single Currency FINANCIAL INSTITUTIONS EXPORTING Regulation of NBFIs: Linda English KPMG Peat Marwick’s Report on Victorian NBFIs Professional Exporting Program (PEP) (News) The US Thrift Crisis . FINANCIAL MANAGEMENT F Fairley, Andrew - Property Unit Trust Investments Capital Budgeting: Theory versus Practice: Mark (Financial Directions) Freeman and Garry Hobbes FAMILY LAW FINANCIAL REPORTING The Long Arm of the Family Law: Deborah Smithers Aug. CPAs Join ASX to Improve Reporting (News) Sep. 13 Fellew, Kevin - Managing Government the Corporate Way Apr. Corporations Law: Some Important Amendments: Ian Aug. 52 Langfield-Smith Ferguson, Colin - Choosing a Computer System Made Easy Mar. Financial Reporting by Financial Institutions and Feb. 74 (Infotech) Accounting for Financial Instruments: Phil Hancock (AARF) New Consolidations Standards (News) Nov. 16 + FILM INDUSTRY Omnibus Standard on Differential Reporting (News) Aug. Timing and Frequency of Financial Reporting May 12 Film Financing - 10BA Lives!: Malcolm Olivestone Jun. (AARF Discussion paper 15) (News) (Financial Directions) Investing $10,000 in a 1OBA Film: Malcolm Olivestone Jun. Freeman, Mark - Capital Budgeting: Theory versus Practice Sep. (Financial Directions) FRINGE BENEFIT TAX FINANCIAL ADVISORY SERVICES How Much Does a Salary Cost?: Steve Bartlett Beyond Tax: Russ Gleeson Feb. (Financial Directions) Farewell Tax, Hooray Financial Planning Feb. Towards a New Designation Feb. G The Grass is Greener on the Other Side: Apr. John A. Godfrey (Letter to Ed.) Gleeson, Russ Financial Planning for Accountants: Russ Gleeson Oct. - Accountants Accused (Financial Directions) Jun. : Warning for Professional Advisers (News) - Beyond Tax Feb. - Financial Planning for Accountants Oct. FINANCIAL DIRECTIONS - Gearing into Shares (Financial Directions) Sep. - Insuring for the Worst Oct. About Indexed Funds: Michael Wilson - Personal Approved Deposit Funds (Financial Directions) Nov. Accountants Accused: Russ Gleeson - Tell and Sell (Financial Directions) Dec. Assessing Annuities: Ian Heraud Benefit Payments - The Responsibilities of Trustees/ Godsell, David Employers: Kevin Casey - Auditors’ Legal Liability and the Expectation Gap Feb. Film Financing - 10OBA Lives: Malcolm Olivestone - Auditors’ Potential Criminal Liability Aug. Financial Illusions: Mike Smith Gearing into Shares: Russ Gleeson Goodwin, D.R. - Strategic Planning in Medium Size Companies Mar. Government Blitz on Super: Steve Bartlett How Much Does a Salary Cost?: Steve Bartlett GOVERNMENT ACCOUNTING Investing $10,000 in a 1OBA Film: Malcolm Olivestone AAS27 ‘Financial Reporting by Local Governments’ (News) Sep. 12 Is Your Superannuation Fund Really Safe?: Nick Renton Infrastructure and Heritage Asset Acounting: Tom Jul. 69 New Rules for Investment Advisers: Charles Rosedale Rowles (AARF) and Penny Grau Managing Government the Corporate Way: Kevin Fellew Apr. 20 The New Super Trap: Terry Power and Mary Kelaher Personal Approved Deposit Funds: Russ Gleeson Publications by IFAC (News) Sep. 11 Property - Yes or No?: John Austin Property Unit Trusts Investments: Andrew Fairley GOVERNMENT BUSINESS and Pam McAlister ENTERPRISES The Rollover Pension: Ian Heraud Commercialising the Public Sector: Mary Kelaher AUSTRALIAN ACCOUNTANT PEBRAVUI'A'R ¥ 1992 Commercialising the Public Sector: The Role of IT: Pacioli 2000 (ASCPA Product Report) Peter Herborn and Mary Kelaher Stop That Runaway!: Andrew Kent Designing Commercial Enterprises in Government: Mary SunAccount (ASCPA Product Report) Kelaher Managing Government the Corporate Way: Kevin Fellew INFORMATION TECHNOLOGY and Mary Kelaher Commercialising the Public Sector: The Role of IT: Grau, Penny - New Rules for Investment Advisers Peter Herborn and Mary Kelaher (Financial Directions) How Much Should You Spend on Information Technology?: Andrew Kent (Infotech) GUARANTEE IT Department: Keeping Pace with Change. Interview with Paul Thewlis (Membership Services) Court Decision Makes Lending Riskier (News) INSIDER TRADING H The Traps of the New Insider Trading Laws: Morris Hali, Peter - Better Bar Coding (Infotech) Landau Hancock, Phil - Financial Reporting by Financial INSURANCE Institutions and Accounting for Financial Instrutments (AARF) Business Interruption Insurance: Navroze Narielvala Professional Indemnity Insurance Heraud, Ian Insuring for the Worst: Russ Gleeson - Assessing Annuities (Financial Directions) PI Insurance for Super Trustees (News) - The Rollover Pension (Financial Directions) Tell and Sell: Russ Gleeson (Financial Directions) - Super Solution (Financial Directions) INSURANCE COMPANIES Herborn, Peter - Commercialising the Public Sector: The Role of IT The New Super Trap: Terry Power (Financial Directions) Mar. A Regal Fiasco?: Paul Klumpes Feb. Hobbes, Garry - Capital Budgeting: Theory versus Practice INTERNATIONAL ACCOUNTING Hodgett, R.A. - Strategic Planning in Medium Size STANDARDS COMMITTEE Companies Issues EDs 36, 37, 38, and 39 for revision of Sep. 14, Hughes, Gordon See TECHNOLOGY AND LAW Standards IAS 7, 9, 2 and 23 (News) INTERNATIONAL FEDERATION OF I ACCOUNTANTS INDUSTRIAL RELATIONS Publications (News) Sep. 11 Business Mates: the Power and Politics of the Hawke Oct. Era, by Doug McEachern (Book review by Frank Reed) INTERNATIONAL TRADE INFLATION Europe 1992 Ready for Business: Mark Kestigian Australian Businesses in Europe Accounting in a Banana Republic: Norman Cain Counting Down to a Single Currency (A Personal View) INTERVIEW INFOTECH Accounting Software Gets a New Image: Ken Reich See also ASCPA Membership Services Apricot FTs Server (ASCPA Product Report) Apricot LANstation (ASCPA Product Report) Langfield-Smith, Ian - A Handbook for Students Better Bar Coding. Interview with Peter Hall of Quadtech Pty. Ltd. INVENTORIES Catalyst Plus (ASCPA Product Report) Corporate Affairs System (ASCPA Product Report) Absorption Costing: What Relevance?: Garry Vistarini Choosing a Computer System Made Easy: Colin Variable v Absorption Costing: Warwick N. Ferguson and Wes Obst Funnell (Letter to Ed.) The Computer Industry Matures: Ian Robinson Reply by Author (Letter to Ed.) Great Plains (ASCPA Product Report) How Much Should You Spend on Information Technology?: INVESTMENT ADVISERS Andrew Kent Information Technology in Australia (Extract of Financial Planning for Accountants: Russ Gleeson Keynote address by Barry Jones) New Rules for Investment Advisers: Charles Rosedale MLC Paymaster (ASCPA Product Report) and Penny Grau (Financial Directions) Warning for Professional Advisers (News) AUT RYSASLsTD ‘AN ACCOUNTANT FEBRUARY INVESTMENTS Langfield-Smith, Ian - Corporations Law: Some Important Amendments About Indexed Funds: Michael Wilson (Financial - A Handbook for Students. Interview. Directions) Australia: The No. | Investment (News) Laumberg, Tony - The Great Temptation Court Decision Makes Lending Riskier (News) Fewer Fully Franked Dividends: Ann Wills LAW Fewer Fully Franked Dividends: David J. Green (Letter to Ed) AAT - Submissions Invited (News) Film Financing - 10BA Lives!: Malcolm Olivestone Accountants Accused: Russ Gleeson (Financial (Financial Directions) Directions) Forced Speculation: Tony Pane (Letter to Ed.) Auditors’ Legal Liability and the Expectation Gap: Gearing into Shares: Russ Gleeson (Financia! Directions) David Godsell Investing in AMT: Amrik Sohal Beware of Caparo: Peter Forster (Letter to Ed.) Investing $10,000 in a 1OBA Film: Malcolm Olivestone Auditors’ Duty of Care: A (Peter) Forster (Financial Directions) (Letter to Ed.) Look Before You Jump: P.P. Rona (Letter to Ed.) Feb. Reply: Author The New Super Trap: Terry Power (Financial Directions) Mar. Auditors’ Potential Criminal Liability: David Godsell Personal Approved Deposit Funds: Russ Gleeson Nov. Australian Commercial Contracts: Paul Klumpes (Financial Directions) Court Action Against Computer Dealer (News) Property - Yes or No?: John Austin (Financial Sep. Court Decision Makes Lending Riskier (News) Directions) The Great Temptation: Tony Laumberg Property Unit Trust Investments: Andrew Fairley and How to Hurry a Slow Payer (News) Pam McAlister (Financial Directions) Regulation of NBFIs: Linda English LAW & THE PROFESSIONS KPMG Peat Marwick’s Report on Victorian NBFIs By Gerard Nash The US Thrift Crisis A Super Tax Saving: Drew Owens (Financial Directions) Do Receivers Manage Companies? Don’t Sleep While You Direct Duty of Insurer to Mortgagee J Employers’ Duty to Employees Johns, Ann - The CPA Program: Ensuring A Fixed or Floating Charge? Professional Excellance: Interview. Gambling and Unjust Enrichment (Membership Services) Liability of an Accountant’s Insurer Liquidator’s Powers not Affected by Foreign Dissolution Meetings Valid and Invalid K Mortgagee’s Duty of Care in Selling Kelaher, Mary A Policeman’s Duty to Friends and Relatives Property Divisible Among a Bankrupt’s Creditors - Commercialising the Public Sector - Commercialising the Public Sector: The Role of IT Public Examinations of Company Officers Restraining Orders and Rights of Banks - Designing Commercial Enterprises in Government Staying a Debtor’s Petition - Managing Government the Corporate Way Apr. What is a Signature? Kent, Andrew When Does an Agreement Bind a Company? Where Should an Accountant be Sued? - How Much Should You Spend on Information Technology Aug. (Infotech) - Stop That Runaway! (Infotech) Apr. LETTERS TO THE EDITOR Kestigian, Mark ABC Misunderstood: Victor Fatseas - Europe 1992 Ready for Business ABC Not a Panacea: Robin Gomm - The Greening of Accountancy Absorption Costing: Garry Vistarini - The Gulf War: Counting the Costs Auditors’ Duty of Care: A (Peter) Forster Reply: David Godsell (author) Klumpes, Paul Beware of Caparo: Peter Forster - Australian Commercial Contracts Certificates Don’t Make the Professional: I.J.McMullan - A Regal Fiasco? Fewer Fully Franked Dividends: David J. Green Forced Speculation: Tony Pane Knight, Lee - Computer Integrated Manufacturing Forgotten Members: William Richardson Reply: Executive Director The Grass is Greener on the Other Side: John Godfrey Knight, Ray - Computer Integrated Manufacturing Look Before You Jump: P.P. Rona Management Accounting Unit Out of Date: Philip Ho L Reply: Executive Director and Education Officer Money Well Spent: Peter J. Keenan Landau, Morris - The Traps of the New Insider Trading New Certificate Enhances Society’s Status: Sir Laws Robert Roscoe AUSTRALIAN ACCOUNTANT FEBRUAR1Y99 2 New Certificate is Unprofessional: Mark Kierzak and Nash, Gerard See LAW AND THE PROFESSIONS Robert Kipp Reply: Executive Director Open Letter: John Watson O PY vs CPA Program: Christopher Kelly Obst, Wes - Choosing a Computer System Made Easy (Infotech) Mar. Proper Authority: Marilyn Keane Piggybacking on CPA: Aidan Power OFFICE LAYOUT Reply: Executive Director Royal Charter Unnecessary: D.J. Goodwin Planning for Efficiency: Dana Rowan Reply: Executive Director Costing Office Space: Graeme Watson Self-Funded CPD May Be Unwise: Kevin Lovewell Reply: Executive Director OFFICE PRACTICE Stolen Clients: A. Kidd Reply: National Mutual Disposal of Franking Machines (News) Apr. Super Circular to Tax Agents: Keith McKenry Take Off Those Blinkers: Judith Trutwein Olivestone, Malcolm Tax Agents Registration: Peter Try - Film Financing - 10BA Lives! (Financial Directions) Jun. Thanks ASCPA: G.F. Ellis - Investing $10,000 in a 1OBA Film (Financial Directions) Jun. Variable v Absorption Costing: Warwick N. Funnell What’s in a Name?: Michele Sims Owens, Drew - A Super Tax Saving (Financial Directions) Nov. Which Bank?: Judith Trutwein LIABILITY P Parker, Colin - Accounting Standards: A Benchmark for Jul. Auditors’ Legal Liability and the Expectation Gap: Feb. Professional Practice. Interview (Membership Services) David Godsell Beware of Caparo: Peter Forster (Letter to Ed.) Jul. Auditors’ Duty of Care: A (Peter) Forster(Letter to Ed.) Oct. PAYROLLS Reply: Author Oct. MLC Paymaster: ASCPA Product Report (Infotech) Auditors’ Potential Criminal Liability: David Godsell Aug. Have You Got $97 Million to Spare?: Greg Bateman Nov. PENSIONS M New Pension Rules (News) McAlister, Pam - Property Unit Trust Investments PERSONAL FINANCE (Financial Directions) Financial Illusions: Mike Smith (Financial Directions) Dec. McGonigal, David See AT LEISURE Super v Salary: Steve Bartlett (Financial Directions) Jul. MANAGEMENT Power, Terry - The New Super Trap (Financial Directions) Mar. Strategic Planning in Medium Size Companies: D.R. Mar. PROFESSIONAL INDEMNITY Goodwin and R.A. Hodgett PI Insurance for Super Trustees (News) MANAGEMENT ACCOUNTING Professional Indemnity Insurance ABCM: Challenging Tradition: Danny Dale PROFILE Absorption Costing: What Relevance? Garry Vistarini Variable v Absorption Costing: Warwick N. Waldron, Brian - New ASCPA National President: Carol May Funnell (Letter to Ed.) : Cohn Reply by Author (Letter to Ed.) Activity Based Cost Management: Danny Dale PROPERTY TRUSTS Assisting Management Accountants (News) Time for Change: Danny Dale Property Unit Trust Investments: Andrew Fairley and May ABC Misunderstood: Victor Fatseas (Letter to Ed) Pam McAlister (Financial Directions) ABC Not a Panacea: Robin Gomm (Letter to Ed) PROSPECTUSES MANUFACTURING Due Diligence Guide (News) Jun. Best Practice Program (News) New Rules for Investment Advisers: Charles Rosedale Aug. Computer Integrated Manufacturing: Ray Knight, Lee and Penny Grau Knight and Patrick Donohoe New Rules on Prospectus Marketing (News) May Investing in AMT: Amrik Sohal PUBLIC AUTHORITIES N Commercialising the Public Sector: The Role of IT: Narielvala, Navroze - Business Interruption Insurance Mar. 28 Peter Herborn and Mary Kelaher 88 AUSTRALIAN ACCOUNTANT FEBRUARY 1992