The ASX code was written by, and for, corporate insiders. The council that regulates it is not monitored by a government body, and its members are not elected.
The amplified public concerns about executive pay that led to the cementing of reporting and disclosure into law, may start trend of voluntary disclosure among professional bodies.
Right now, the Australian accounting industry is in uproar about financial planning. The new standard APES 230 Financial Planning Services, issued by the Accounting Professional and Ethical Standards Board…
Will extra debt neutralise increases in the superannuation contribution rate? Studies of retirees’ financial positions show that many people accumulate debt faster than they add to their super. Once they…