— 2 minute read object(stdClass)#18728 (8) { ["image_intro"]=> string(54) "images/articleimages-391x261/850x492/CA-CPA-IPA-ad.jpg" ["float_intro"]=> string(0) "" ["image_intro_alt"]=> string(14) "CA ANZ CPA IPA" ["image_intro_caption"]=> string(0) "" ["image_fulltext"]=> string(0) "" ["float_fulltext"]=> string(0) "" ["image_fulltext_alt"]=> string(0) "" ["image_fulltext_caption"]=> string(0) "" } Jotham Lian A A Chartered Accountants Australia and New Zealand, CPA Australia and the Institute of Public Accountants have now written to the Prime Minister’s office, calling for a new, co-ordinated plan to reform and standardise reporting and audit requirements in the private sector. Advertisement "); googletag.cmd.push(function() { googletag.display('div-gpt-ad-1606778434582-0'); }); } Advertisement The peak accounting bodies believe Australia’s current legislative financial reporting framework is characterised by a myriad of different, and often unclear, reporting requirements, driving up the complexity and compliance burden for businesses across all sectors, particularly small and medium enterprises.