Public divide
Article Abstract:
The public sector reporting entities now prepare general financial reports in accordance with Australian accounting standards (AAS). The Australian Loan Council requires all governments to present budgets and prepare outcomes reports in accordance with the uniform presentation framework (UPF) to facilitate comparison between jurisdictions and formation of national aggregates.
Publication Name: Australian CPA
Subject: Banking, finance and accounting industries
ISSN: 1440-8880
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Thought required before the IFRS plunge
Article Abstract:
IFRS is a universally accepted language, which helps the investors and other stakeholders to communicate and engage more effectively. Australia opted for IFRS to apply across all reporting entities whereas the EU opted for only listed entities.
Publication Name: Australian CPA
Subject: Banking, finance and accounting industries
ISSN: 1440-8880
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
International Financial Reporting Standards
Article Abstract:
Details about the division 11 of the GST Act are given that creates an entitlement to input tax credit. The entitlement only exists where there is an acquisition as defined in section 11-5.
Publication Name: Australian CPA
Subject: Banking, finance and accounting industries
ISSN: 1440-8880
Year: 2003
User Contributions:
Comment about this article or add new information about this topic: