RPP INDEX

A
AAA Model
- Definition 2.3
- Example and Applications 2.36
AASB Framework 5.16
Accounting in Public Sector 3.39
Accounting standard 3.30
- Authority & Enforcement of Accounting standard 3.36
- Revised arrangement for accounting standard 3.31
Accrual Accounting in Public Sector - Benefit 3.43
Acquisition Principle 1.32T
Advertising, publicity and solicitation 2.20
Agency cost 4.5 Notes
Agency relationships 3.7B
Agency Theory 3.12M
Agriculture - revenue (AASB 141) 5.61
AICPA Decision Tree 2.30 2.31
APS 1-9 2.23 2.24 3.36
Aristotle - virtue ethics 1.32B
Audit Committees
- ASXCGC's recommendation on audit committee 4.23
- Benefit of audit committee 4.26 Notes
- Composition of audit committee 4.24B
- Characteristics of effective audit committee 4.27 Notes
- Definition 4.23
- Disclosure of audit committee 4.27 Notes
- Functions of audit committee 4.24M
- Limitations of audit committee 4.26 Notes
- Objectives and responsibility 4.25M Notes
- Responsibility of audit committee by Ramsay Report 4.28
Audit Reform recommendation by CLERP 1.12
Auditor
- Auditor-general's responsibilities 4.42 Notes
- External auditors' responsibilities 4.40 Notes
- Internal auditors' responsibilities 4.41 Notes
- Outsourcing on the auditor 4.43 Notes
Auditing and Assurance Standard Board (AuASB)
- Functions of AuASB 3.34B
- Mission of AuASB 3.35M
- Strategic Direction of AuASB, setting up by FRC 3.35T
Auditor-General - Personal & Operational Independence Reading 2.1
Australian Accounting Standard Board (AASB)
- Functions of AASB 3.33B
- Statutory power of AASB - s 227(3) 3.34T
Australian accounting regulation 3.27 Notes
Australian Competition & Consumer Commission (ACCC) 3.50 Notes
- 3 areas in particular concern by ACCC 3.52
- Goal of ACCC 3.20
Australian Framework (Superseded) - Reasons for adopting 5.13M
Australian harmonisation 3.23 Notes
Australian Prudential Regulation Authority (APRA) 3.54
Australian Securities & Investment Commission (ASIC) 3.37 Notes
Australian Stock Exchange (ASX) Rules 3.29
- Primary Role of ASX 3.29
- Role in continues disclosure regime 3.30
Autonomy 1.6B

B
Baring Management's Mistakes CS 1.6
Best Practice Recommendations 4.30
Best Practice Recommendations - Audit committee 4.40 4.41
Board of directors (Role) 4.16
Boards' Functions 4.17
Boards monitoring functions - Bosch Committee 4.36
Board structure 4.20 Notes
Board's resposibility - by Turnbull report 4.33
Bosch Committee - board's functions 4.36

C
Cadbury Report (Purpose) 4.13
Capital & Capital Maintenance - concepts 5.24
Chairman (Role) 4.21 Notes
Changes of appointment 2.18
CLERP 1.12 Notes
Code of conduct - Corporate Governance 4.30 Notes
Code of conduct - Directors 4.17, 4.18 Notes
Collections - accounting 5.68
Combined Code 4.32
Commitment Fees 5.45B 5.47
Competition in capital markets 3.7
Competition policy reform act 3.49
Concepts of Capital and Capital Maintenance 5.24
Conceptual Framework
- Australian Framework (Superseded) - Reasons for adopting 5.13M
- Benefits Answer 5.2 5.29B 5.32
- Comparing / Difference between Australian & International Notes
Conceptual Framework (Table)
- Constraints the CF developer facing 5.32
- Definition Notes
- Descriptive theory (Inductive Theory) (Bottom-up) 5.10 5.11
- Limitation of Descriptive theory (Inductive / Bottom up) 5.12
- Systems and Theories (3 types) 5.8T Notes
- Systems and theories diagram 5.8 Notes
- Prescriptive / Normative theory (Deductive theory) (Top-Down) 5.9
- Primary purpose of concept statements Answer 5.1
- Problem of contradictory objectives 5.34
- Professional Judgement - How CF affect it? 5.31
- Technical benefits 5.31
Conceptual Framework for Ethical Behaviour 1.22
Concise Financial report (CFR) 3.28
Conflict of interest 4.9
Consequences of corporate collapse 1.10M, B
Contracting 3.5 Notes
Contractual Incentives 3.7B
Control of public expenditure 3.40
Convenants - Role in loan agreement Reading 3.2
Convenants - Types Answer 3.3
Corporation Act 3.28M
Corporate Governance
- Agency costs 4.5
- Combined Code & Code of Best Practice 4.32
- Defintion 4.4 Notes
- Examples & application 4.52
- Guidelines & Recommendations 4.6B Notes
- Internal Control & its relationship 4.36
- Monitoring 4.6
- Principles (3 areas) 4.8 4.9
- Principles by ASXCGC, Best Practice Recommendations (10 points) 4.30
- Public sector corporate governance 4.34, 4.35 Notes
- Roles for Board 4.6M
- Rules Based VS Principle Based 4.33B
- Stakeholders structure (International) 4.10
- Statement - BHP Reading 4.4
- Management & Board Structure (International) 4.11
- Ways to reduce divergence between shareholders and managers 4.5 Notes
Corporate Environment - How a person compromise his personal
Answer 1.4
ethics in Corp. environment
COSO - Internal control framework Answer 4.4
Courage 2.17
Creditability to financial reporting 1.12
Criticism of Professions Reading 1.1
Criticism of Rawls' Justice Theory (Nozick R)
Criticism of Utilitarianism (Rawls) 1.30 1.31T
Culture 1.42B 1.43

D
Decisions (Factors influencing decisions)
- Individual Judgement 1.38
- Work Environment 1.39
- Professional Issues 1.41B
- Societal Norms 1.42
Deontological theories
- Definition 1.26
- Kant's Theories (Sense of Duty) 1.27
- Universalisation & Categorical imperative 1.27M
- Rights theory 1.28 1.29
- Justice theory 1.29M
Descriptive Theory (Inductive) 5.10
Development of Accounting concept & standard 3.6M,B
Difference between Australian & International Framework Notes
Directors' categories (Executive, Non-Exe & Independent) 4.20 Notes
Directors Code of Conduct 4.17, 4.18 Notes
Disclosing Entities
- Definition 3.38
- Qualification test of disclosing entities 3.38M
Distinctive ethos or culture 1.7B
Duty of Care 1.5

E
Economic consequences of regulation 3.13
Education / Extensive education process 1.5 B
Effective control of public funds 4.42M
Effective exercise of ownership 4.9
Effective interest method / rate 5.42M
Egalitarian 1.31T
Egoism 1.23
Enroachment & Solicitation 2.18
Establishment fee on loan 5.39
Ethical Decision Making Model
- Definition 2.28
- Heuristic Approach (Rule of thumb) 2.28M
- Philosophical approach to applying ethics 2.29
- Reasons for adapting multiple ethical theories 2.29M
Ethical issues from an organisational perspective 1.44B
Ethical issues from an individual perspective 1.45T
Ethics
- Conceptutal Framework for Ethical Behaviour 1.22
- Conflicts and Issues 1.43
- Definition 1.16T
- Business Ethics 1.16B
- Macro, Intermediate and Micro Level 1.16B 1.17T
- Professional Ethics 1.17B
- Professional Ethics for Accountants 1.18
- Risk Management (Corporate & Individual Level) 1.46
- Virtue Ethics 1.32 1.33
Existence of a governing body 1.8
External auditor's responsibilities 4.40

F
Financial Accounting Standard - Nature 3.12
Financial disclosure - how it affect capital market Answer 3.1 Notes
Financial Reporting
- Assumptions 5.19
- Objectives 5.18 Notes
- Qualitative characteristics of FR 5.19M Notes
- Special Purpose 5.59
Financial reporting reform suggested by CLERP 1.12
Financial Reporting Council (FRC)
- FRC's achievement in 2003-4 3.33M
- FRC - Functions & Limitations 1.11
- FRC's limitations of its power 3.32M
- FRC's responsibility 3.32
- FRC's role in from the adopting of IFRS in Australia 3.26M
- FRC' s stakeholders 3.32B
- FRC's Statutory obligations 3.32B
- How FRC achieve its objectives 3.33T
Financial Statements
- Applications of Definition & Recognition Answer 5.5
- Definition & Recognition of elements 5.21, 5.22 Notes
- Measurement 5.23
Fundamental principal of professional conduct 2.6

G
Gaa 3.12M
General purpose financial reporting (GPFR) 3.4 Notes
GPFR - reponsibilty by CPA in preparation of GPFR Answer 5.3T
Goodwill Amortisation method Answer 3.6
Government 3.37B Notes
Government Accounting 3.42
Government Agencies & Authorities 3.41
Government Component 3.40
Government Legislation 3.27
Government Services 3.41 Notes

H
Harris Scarfe (Consequences / Factor) 1.10M
HIH 1.10
Hilmer Committee's Report 3.48

I
Ideal of Services 1.6 M
Implementation review group 4.31
Incentives to disclose 3.7
Incompatible business 2.21
Independence 1.7 T
Independence - Auditor General Reading 2.1
Independence - in mind / appearance 2.14T
Independent Director- Definition 4.21
Inducement 2.22
Inductive accounting theories - limitations 5.12
Industrial Relations
Intangible Assets - AASB 138 5.58B
Integrity - Rest's theory (How to act Intergrity) 2.16
Integrity - Albrecht's definition 2.17
Intergovernmental Agreements 3.50
Interim Harmonisation Objective by AASB 3.24T
Internal auditors' responsiblities 4.41
Internal Control
- Consequences of failure of internal control 4.36M
- Definition by COSO 4.37 Notes
- Framework - developed by COSO
- Functions 4.36M
- Objectives of internal control (3 points) 4.37 Notes
- Relationship with corporate governance 4.36T
- Ways to achieve internal control objectives 4.38
Internationalisation 3.16
- Disadvantages of not having International standard 3.16
- Advantages 3.24 Notes
- Barriers that impaired Int. harmonisation 3.23B
- International Accounting Standard 3.17
- How IAS improve & harmonise FR around the world 3.18B
- International Auditing Standard 3.19
International Accounting Standard Board
- Advantages of using IASB standards 3.21B
- Role & Objectives of IASB 3.17 Notes
- Role of IASB Steering Committee 3.17
International Capital Flows Answer 3.7
International Corporate Governance structures 4.8
International Development 3.43B
International Harmonisation 3.17
International Organisation for Standardisation (IOS) 3.59
International Organisation of Securities Commissions (IOSCO) 3.19M 3.20
- Disclosure standards 3.20
- Objectives 3.20
International Public Sector Accounting Standard Board (IPSASB)
- Goal of IPSASB 3.44
- IPSASB standards (IPSAS 1-21) 3.44
- Role of IPSASB 3.43B
Investment and Financial Services Association (IFSA)
- Background 4.15
- Recommendations for investment managers 4.15M

J
Justice Theories
- Acquisition, Transfer & Rectification Principal 1.32T
- Basic Principles (Rawls) 1.30M
- Criticism of Justice Theories (Nozick R) 1.31M
- Definition 1.29
Justice & Fairness 3.11

K
Kohlberg's stage of cognitive moral development 1.34

L
Laura Nash Model App 2.2
Law & Regulation - Limitations 1.42
Lev 3.11B
Liability recognition - application 5.50
Listed Companies - Rule that must be followed 3.29

M
Managers not acting in public interest by opportunism Answer 3.3
Market incentive to disclose 3.7
Matching Principle 5.40
Mary Guy Model App 2.3
Measurement
- Assets & liabilities measurement 5.28
- Essential components in Measurement 5.27
- Financial Statement 5.23 5.26
- Issues concerning measurement 5.27
Moral reasoning 1.33B
Moral development - Major determinant 1.37
Minister's role 3.40B
Misleading or deceptive conduct 3.46

N
National Competition Policy
- 3 significant bodies which not subject to competition law 3.48
- Hilmer Committee Report 3.48
- Reason for Competitions 3.48 3.49
Nature of financial accounting standard 3.12 3.13
Nomination Committee 4.29 Notes
Non-executive directors - Functions 4.20
Normative Theory
- Conceptual Framework 5.9
- Definition 1.22B
- Deontological theories 1.26
- Example of descriptive theory accounting 1.23T
- Example of normaltive theory accounting 1.22B 1.23T
- Teleological theories 1.23

O
Objectives of financial reporting 5.18
Opportunism of managers Answer 3.3
Origination Fees 5.45M
Outsourcing on the auditor - impact 4.43 Notes

P
Peer Evaluation 1.7M
Penalty of breaching "Code of Professional Conduct" Answer 1.7
Prescriptive theory / Normative theory 5.9
Professional
- Attributes of a profession 1.5
- Distinguish Professional from non- Professional 1.4
- Radical view Reading 1.1
Professional Judgement
- Attributes 1.19
- Applications in Auditing / Management/ Financial Accounting 1.20 1.21
- Conceptual Framework - Is CF compromised pro. Judgement 5.31 Notes
- Schon 1.19M
- Situations where accountant should apply Pro. Judgement Answer 1.3
Proficiency 1.5
Prudence 5.42B
Public Art Institutions 5.63
Public confidence 2.14M
Public Expectation 1.14B
Public expenditure - Control 3.40
Public funds - control 4.42M
Public Interest 1.6M
Public sector accounting 3.39B
Public sector accrual accounting - benefits 3.43
Public sector corporate governance - Harris 4.34 Notes
Public sector corporate governance - Best Practice Principle 4.35 Notes

Q
Quality Assurance Process 2.23 Notes
Quality Control Standard (APS) 2.23 2.24

R
Radical view on professions Reading 1.1
Ramsay Report Recommendations 4.28
Rawls criticism of utilirianism 1.30B 1.31
Recognition of fee income 5.43
Rectification Principle 1.32T
Regulation 1.11 3.9
Regulation on financial accounting / reporting
- Benefits 3.13 Notes
- Direct cost 3.14 Notes
- Indirect cost 3.14 Notes
- Influences on Accounting Professions 3.15
Referrals 2.19
Relevant & Reliable information 5.78
Remuneration Committee 4.28 Notes
Repairing VS Capital Improvement Answer 5.12
Resignation of directors 4.19
Resources allocation & accountability 3.4 Notes
Resources allocation decisions 3.5T
Responsibility of CPA regarding preparation of GPFR Answer 5.3T
Rest's theory - Integrity 2.16
Restore credibility to financial reporting - At International level /
1.12
Recommendation by IFAC
Revenue recognition 5.43B
Review stage of decision-making process 3.5M Notes
Rights theory
- Contractual (Special) rights 1.28B
- Human (Natural or Constitutional) Rights 1.29
- Legal Rights 1.28B
- Limitations of rights theory 1.29M
- Particular rights 1.28B
Rion Model App 2.4
Role of Accountants 1.13
- Relationship & Conflicts facing accountant in performing his role Answer 1.2
Role of Accounting practices in market Answer 3.4
Role of auditor 4.39 Notes
Role of Board 4.6M Notes
Role of Board of Directors 4.16
Role of Financial Accounting Standards 3.4 Notes
Role of non-executive directors in different countries 4.11B
Role of shareholders 4.13
Rule of professional conduct 2.18 Notes

S
SAC 2 - Objectives Answer 3.8
Safeguards to threats 2.12 2.13 Notes
Schon - Professional Judgement 1.19M
Self regulation and professional discipline 2.22 Notes
Services Ideal - Concept 2.4
Shareholders' expectation on listed company Reading 4.3
Shareholders' right and obligation 4.14
Social and political constraints (3 points) 5.31 Notes
Special Purpose Financial Report 5.59
Stakeholders 1.17M
Statement of accounting standards 3.6M, B
Steering Committee - IASB 3.17B 3.18
Subcommittee of the board 4.22 Notes
Superannuation Funds 3.53 Notes
- Defined benefit plan & Defined contribution plan 3.53
Superannuation Industry (Supervision) Act (SISA)
- Definition 3.53
- Issues need to be consider by trustee in complying SISA 3.55
- Main purpose of SISA 3.54
Systematic body of theory & knowledge 1.5M

T
Taxes 3.56
Teleological theories 1.23
- Ethical egoism 1.23
- Utilitarianism 1.24
Threat to Professional Conduct 2.10 Notes
Trade Practice Act (TPA) - s52 3.45 Notes
- Advantages of TPA s52 3.48
- Aim of TPA 3.50M
- Application & Examples of TPA Answer 3.8
- Entities subject to TPA 3.46
- Misleading or deceptive conduct 3.46
- Remedies (S80A, s87)
Transfer Principle 1.32
Tresury
- Power of Treasurer 3.41
True and Fair view 3.38B
Turnbull Report - requirement on Board 4.33

U
Universalisation & categorical imperative 1.27
Urgent Issue Group (UIG)
- AASB's power over UIG 3.36T
- Role of UIG 3.35 Notes
User Group - Summary of their needs Answer 5.3
Users of Financial Report 5.17
Utilitarianism
- Act / Rule Utilitarianism 1.26M
- Application 1.25
- Criticism / Limitation of Utilitarianism 1.30B 1.31
- Definition 1.24B
- Limitations / Disadvantages 1.25B

V
Valasquez - ethical dilemma 1.16B
Virtue Ethics
- Definition 1.32
- 3 Virtue ethics that should be possessed by Accountants 1.33
Voluntary supply of audited financial statements 3.8

W
Wealth redistribution 3.14
Whistleblowing Answer 4.3
Workers Compensation Act - Aims 3.55
Workers Compensation and occupational rehabilitation 3.55