Details

  • Service: Audit, Financial Statement Audit, Financial Reporting & Accounting Standards
  • Type: Regulatory update
  • Date: 30/09/2010

Example Financial Statements

KPMG's series of illustrative statements to assist with financial statements preparation in accordance with Australian Accounting Standards (AASBs).

Example Proprietary (RDR) Limited 30 June 2010 Annual Financial Report 

Example Proprietary (Reduced Disclosure Regime) Limited 30 June 2010 Annual Financial Report is for entities transitioning to general purpose annual financial statements prepared under Tier 2 of the Australian Accounting Standards — Reduced Disclosure Regime, in accordance with AASB 1053 Application of Tiers of Australian Accounting Standards. It is to be used in conjunction with Example Public Company Limited Annual Financial Report.
Example Proprietary (Reduced Disclosure Regime) Limited cover
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This publication takes as a starting point KPMG's Example Public Company Limited 30 June 2010 Annual Financial Report, and highlights the disclosures that may be removed under the Tier 2 requirements.

 

The 'Purpose and Basis' section provides additional background information about the reduced disclosure regime and details about how to use this publication to assist in the transition.

 

In particular, not-for-profit entities in the private sector and some for-profit entities without public accountability may benefit from the cost savings that could result from the changes.
Example Financial Statements - Example Financial Statements - Every 6 months 

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