APES 215 (submission to APESB)
The IPA has lodged two submissions with the Australian Professional and Ethical Standards Board (APESB) on the Exposure Draft of APES 215 Forensic Accounting, which also deals with the provision of Expert Witness services.
It is the IPA’s position that this standard should not apply to Insolvency Practitioners acting in a formal capacity (ie. As liquidator), however, it should apply if Insolvency Practitioners offer these services outside of their own formal appointment. Members will be kept informed as to the final position taken in the standard and how it will affect them.
The first submission was made on 28 August 2008 and can be accessed here.
The second submission was made on 15 October 2008 and can be accessed here.