• Service: Audit, Financial Statement Audit, Financial Reporting & Accounting Standards, Accounting Advisory Services, International Financial Reporting Standards (IFRS)
  • Type: Regulatory update
  • Date: 6/12/2011

Reporting Updates

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

11RU-019 Clarity around 2010 amendments to Corporations Act 

This Reporting Update outlines the Treasury Discussion Paper considering implementation issues around the dividend test, including the ability to pay franked dividends; parent entity reporting requirements and changing a financial year of a company.

Key points

  • Opportunity to comment on how the dividend test should work going forward
  • Some clarification of parent entity reporting requirements.
IFRS Briefing Sheets - International financial reporting updates