Accounting body reviews FP standard

The Accounting Professional and Ethical Standards Board (APESB) is carrying out a post-implementation review of the standards which covers accountants providing financial planning services.

The standard known as APES 230 was issued in 2013 and took effect from 1 July 2014, while provisions relating to professional fees and third party payments came into effect a year later.

The APESB was carrying out the post-implementation review to ensure the standards were relevant amidst industry change, with the board seeking comments on its consultation paper from stakeholders and the community about their experience in implementing APES 230 and other comments related to the change landscape which could impact the standard.

Related News:

APESB Chair, Nicola Roxon said: “The board is conducting the review now, given the passage of time since the standard was issued as well as recent significant developments in the financial services landscape in Australia”.

Comments on the Consultation Paper: Post-Implementation Review of APES 230 Financial

Planning Services were due by 30 June 2017.

Related Content

Global number of CFPs rises in 2018

The Financial Planning Standards Board (FPSB), the global licensing body for the certified financial planner designation, has announced that the globa...Read more

FPA’s CRC sanctions two planners, including chapter chair

At the same time as the Financial Planning Association (FPA) puts in place the necessary infrastructure to become part of a code monitoring body, its ...Read more

Don’t politicise the RC says FPA’s De Gori

The recommendations of the Royal Commission including the ending of grandfathering should not be allowed to become a political point-scoring exercise ...Read more


Add new comment