Company reporting: improving, but more care needed

Article Abstract:

The Australian Securities and Investment Commission (ASIC) believes that compliance with accounting standards is essential for accurate financial reports. A recent examination by the ASIC revealed that a number of problems need to be addressed. For example, some companies do not comply with certain standards and requirements of the Corporations law, especially those areas pertaining to intangible assets, directors' and officers' emoluments, and abnormal items.

Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Standards, Statistical Data Included, Accounting firms, Accounting services, Financial statements, Corporation reports, Company reports, Disclosure statements (Accounting), Australia. Securities and Investments Commission

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CPA professional update

Article Abstract:

An update of various groups of the Australian Society for Certified Practising Accountants provides the latest information. The Urgent Issues Group has several issue proposals, the Audit Group released several reports, the Financial Reporting Group published the latest issue of Accounting History Journal and the Legislative Reform Group focused on policies.

Business Associations, Trade Associations, Management, Trade and professional associations, Professional associations

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