Australia

Details

  • Service: Audit, Financial Statement Audit, Financial Reporting & Accounting Standards, Accounting Advisory Services, International Financial Reporting Standards (IFRS)
  • Type: Regulatory update
  • Date: 29/08/2011

Reporting Updates

Reporting Updates
Reporting Updates (formerly known as Flash Reports) outline changes occurring within the Australian financial reporting environment.

11RU-015 Remuneration reporting - changing environment 

This Reporting Update looks into specific developments in remuneration reporting practices following the release of the Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Act 2011 and the CAMAC Executive Remuneration Report of April 2011.

Key points

  • Changes to Corporations Act around KMP remuneration effective from 1 July 2011
  • Further recommendations for reducing complexity in remuneration reporting tabled.
IFRS Briefing Sheets - International financial reporting updates 

Financial Reporting & Accounting Standards

KPMG has extensive experience in applying accounting standards, both Australian accounting standards and IFRS, to a range of transactions.