Parramatta Accountants Discussion Group (PADG)

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THIS MONTH'S TOPIC:

This presentation provides a practical and in-depth overview of quality assurance (QA) and compliance requirements for Australian accounting practices. It explains mandatory quality reviews across CPA Australia, CA ANZ, and IPA, highlights common review findings, and outlines key obligations under APES 320, APES 325, ASQM 1, and the TASA Determination 2024.

The session also offers practical tips for passing QA reviews, discusses risk management and quality manuals, and explains how QA and TASA standards apply to firms using offshore staff, with guidance on maintaining compliance and best practice.This presentation provides a practical and in-depth overview of quality assurance (QA) and compliance requirements for Australian accounting practices. It explains mandatory quality reviews across CPA Australia, CA ANZ, and IPA, highlights common review findings, and outlines key obligations under APES 320, APES 325, ASQM 1, and the TASA Determination 2024.

The session also offers practical tips for passing QA reviews, discusses risk management and quality manuals, and explains how QA and TASA standards apply to firms using offshore staff, with guidance on maintaining compliance and best practice.

THIS MONTH'S EXPERT:

Craig Allen brings over 35 years of experience in public practice and 16 years as a CPA Australia reviewer. He helped shape Quality Assurance for Accountants and served on CPA Australia’s Board of Quality Review, contributing to program development, review processes, and key documentation.

Craig has guided hundreds of accounting practices across Australia to produce compliant manuals, review files, and pass best practice assessments. He has presented at CPA Australia Discussion Groups, delivered webinars on APES 320 and APES 325, and has been featured in INTHEBLACK Business Magazine. He is an active member of the CPA Australia South East Group, the CAANZ public practice panel, and mentors CAANZ members entering public practice.

Craig’s presentations cover mandatory requirements and provide practical tips to enhance the quality standards of any accounting practice.