Annual Report 2011/2012 Professional Standards Councils
Tabled paper 112
Tabled Papers for 12th Assembly 2012 - 2016; Tabled Papers; ParliamentNT
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Professional Standards Council
58 Professional Standards Councils Annual Report 2011-12 A u S tR A li A n C A P it A l te R R it o R y | n e w S o u th w A le S | n o R th e R n t e R R it o R y | Q u e e n S lA n d | S o u th A u S tR A li A | t A S m A n iA | V iC to R iA | w e S te R n A u S tR A li A COMpLIANCe repOrTS by ASSOCIATIONS Accountants CPA Australia (WA) CPA Australias compliance report for 2011 covers all Australian States and Territories. For more on CPA Australias national risk management and compliance strategies, see the section Cover of Excellence schemes. monitoring of claims In 2011, there were 10 reported insurance claims against WA members and notifications from members that a claim might be made. Institute of Chartered Accountants in Australia (WA) ICAAs compliance report for 2011 covers all Australian States and Territories. For more on the ICAAs national risk management and compliance strategies, see the section Cover of Excellence schemes. monitoring of claims As part of the annual scheme compliance survey, during 2011, the ICAA sought information regarding any formal claim in excess of $500,000 lodged against the member or the firm. In 2011, a number of claims were reported that were settled in the same year but had been notified in prior years. All claims reported to the Institute in 2011 have been reported as 2011 claims. In 2011, there was one reported insurance claim over $500,000 against a WA member. Engineers engineers Australia (WA) Engineers Australias compliance report for 2011 covers all Australian States and Territories. For more on the Engineers Australias risk management and compliance strategies which are the same for each jurisdiction see the section Cover of Excellence schemes. Separate information is maintained for each State and Territory on CPD, as below. Continuing professional development Engineers Australia reported that more than 10,740 association members attended 297 events, including four conferences and 18 site visits in WA.
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