03 May 2017

Rotation of AIPM Auditors

Governance

Rotation of AIPM Auditors

The AIPM wishes to communicate with members the finalisation of the rotation of our auditors.

At the 2016 AIPM Annual General Meeting held in Sydney, AIPM members voted and passed the following resolution:

That HLB Mann Judd Assurance [NSW] Pty Limited of 207 Kent Street, Sydney New South Wales, being the successful tenderer be appointed as AIPM's auditors and having consented in writing to so act, be appointed as auditor of AIPM subject to ASIC formal approval of resignation of incumbent auditors - Accru Felsers”

Formal approval was only received from ASIC on the 13 April 2017.  

The letter requires that members be notified by this notice on our website.

The AIPM Board takes this opportunity to sincerely thank Accru Felsers for their work and assistance during their tenure and notes that the Institute had no specific reason to replace the auditor for the last eight years, Accru Felsers. The Institute's view was that after having undertaken the audit for eight years it was appropriate to re-tender the audit function which is a common governance practice. 

Should members have any questions please refer these to the AIPM’s Company Secretary.