Topic: Financial Reporting

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The Regulator: Called to Account

Has your organisation got its financials in order? ASIC Commissioner John Price outlines what companies need to know.

The AASB’s Standard-Setting Frameworks for For-Profit Entities and Not-for-profit Entities

The AICD made a submission to the Australian Accounting Standards Board (AASB) on the AASB Standard-Setting Frameworks for For-Profit Entities and Not-for-Profit Entities. In this submission we expres...

New NFP financial reporting framework on the way

Recent attention from government, standard setters and academics may signal major revisions to Australia’s financial reporting framework for not-for-profits

Reporting burden on charities in Australia

The AASB’s latest research report argues financial reporting obligations for charities need an overhaul

Advocacy: The Full Monty

Accounting standards are front of mind as a new discussion paper addresses the intricacies of disclosure.

Disclosure Initiative – Principles of Disclosure

On 4 September 2017 the AICD lodged a submission to both the Australian Accounting Standards Board and the International Accounting Standards Board on Discussion Paper DP/2017/1 Disclosure Initiative ...

The Regulator: ASIC seeks quality

The regulator is looking for an improvement in financial reporting, writes John Price.

ASIC gets busy with financial reports and information for directors

ASIC has released a number of resources to assist preparers, directors and auditors improve the quality of financial reports in the FY17 reporting season. AICD Senior Policy Adviser, Kerry Hicks, unpa...

What directors need to know: FY17 financial reporting

While directors are not expected to be accounting experts, they play an important role in ensuring the accuracy and quality of annual financial reports. Aletta Boshoff, IFRS Advisory Specialist at BDO...

The Regulator - Primed for action

John Price outlines the three new accounting standards and their significant implications for boards and directors.
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