Room for improvement

Article Abstract:

The Australian Securities and Investment Commission's surveillance project identified areas where companies can improve accounting and disclosure in their financial reports. The project reviewed the audited full-year financial reports of more than 1000 listed companies with balance dates between 30th June and 31st July 2002.

Author: Pound, Greg
Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Accounting firms, Accounting services, Powers and duties, Australia. Securities and Investments Commission

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Caught in the act

Article Abstract:

An overview of the important provisions that are required for financial reporting and audit requirements of the Corporations Act are presented. Entities reporting under the Corporations Act have to prepare the annual financial reports as per the standards issued by the Australian Accounting Standards Board.

Author: Locke, Claire, Reilly, Keith
Other Financial Vehicles, Security & commodity services, not elsewhere classified, Financial Record Keeping Services, Financial records management

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Our voice

Article Abstract:

The key issues surrounding the CLERP9 proposals based on ICAA submission are discussed. The emphasis was on the need to improve transparency and accountability of the Financial Reporting Council (FRC).

Author: Reilly, Keith
Accounting law, Accounting departments

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Subjects list: Australia, Laws, regulations and rules, Government regulation
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