CPA Australia flags concern on CSLR ‘shortcomings’

The professional accounting body has outlined its concerns on the proposed compensation scheme of last resort (CSLR).

CPA Australia flags concern on CSLR ‘shortcomings’

In a submission addressed to the chair of the Senate standing committee on economics, Senator Anthony Chisholm, Dr Gary Pflugrath, executive general manager, Policy and Advocacy at CPA Australia said that while the body is supportive of the action being taken, it is of the view that the scheme in the proposed bill has “significant shortcomings”.

Read more at Accountants Daily

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