Look beyond the obvious – discover new ways to grow, manage risk and operate differently to deliver better results.
Business insights from around the world. Download KPMG's Thought Leadership app for iPad.
Find out how you can transform your organisation to take advantage of the possibilities that emerging digital channels and technologies provide.
As the risk function evolves, risk teams need to be on the cutting edge of risk transformation, contributing at a strategic level.
Despite various financial and economic uncertainties, the oil and gas sector continues to enjoy steady growth.
With now more than $1.5 trillion of assets under management, the superannuation industry is one of the fastest growing sectors of the Australian economy.
The toolkit is provided in a user-friendly electronic format, empowering directors to more effectively discharge their duties and responsibilities while improving board performance and decision-making.
This manual reflects Corporations Act 2001 requirements and Australian Accounting Standards that must be applied for interim and annual financial reports for year ending 30 June 2015.
Discover how a career at KPMG can help you Go Beyond your potential.
Connect with our Graduate Recruitment team on Facebook for the latest news on our Graduate Program.
This edition features Gary Wingrove's outlook for growth, KPMG's innovation agenda, our new Parramatta office, alumni profiles, firm news and more.
Stay connected with the latest KPMG insights, discussions and expand your business network. KPMG Australia Alumni on LinkedIn is open to former and current KPMG employees.
+61 3 9288 5423
Breaking the boilerplateTypically, this involves removing non-essential material and irrelevant disclosures, re-ordering and re-labelling accounting policy and detailed notes to better reflect key financial measures and using plain English while still fully complying with relevant accounting standards and regulatory requirements.
Benefits of cutting the clutter
The end product is a simplified, sharper and more relevant financial report that is easier to understand.
First step to Integrated Reporting
For those entities evaluating the pathway to Integrated Reporting, cutting the clutter is a first logical step in improving the clarity of reporting to the capital markets and stakeholders.
What are the standard setters saying?
Both the International Accounting Standards Board and Australian Accounting Standards Board have been active in promoting the importance of preparing less complex financial reports that focus on those disclosures that are material to the entity. ASIC have also publicly stated that it only focuses on those disclosures that are material to the financial report.
How we can help
KPMG can help you streamline your financial reports in a number of ways by providing:
KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.
KPMG International Cooperative ("KPMG International") is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.