Andrea Slattery – CEO – SPAA

The SMSF Professionals’ Association of Australia (SPAA) welcomes the Government’s decision to establish the new transitional licensing regime for accountants, and is confident of having a significant role to play in this three-year transitional phase to 30 June 2016.
 
The new regulations – Corporations Amendment Regulation 2013, No (3) – were announced recently by the Federal Treasury. It currently restricts access to the transitional licence application arrangements to CPA Australia, The Institute of Chartered Accountants and the Institute of Public Accountants.
 
SPAA CEO Andrea Slattery says: “The new regime is about lifting professional standards in the industry, a position SPAA has always endorsed.
 
“We will be seeking to speak to the Government sooner rather than later, and will certainly be pressing our case very strongly to be recognised in the new regulations.
 
“It is important that the new licensing regime recognises practitioners who have attained an appropriate level of competence regardless of which professional body they are affiliated with.”

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