Many companies preparing financial statements in accordance with the Corporations Act 2001, other legislation, their constituting documents or other agreements will be prevented from preparing Special Purpose Financial Statements. At the same time, the existing Tier 2 Reduced Disclosure Regime (RDR) will be replaced by new disclosure requirements. Martin Olde explains the impacts.
This webinar recording covers:
- Changes to the reporting entity concept
- Composition of Tier 2 GPFS
- How you may be affected
If you require assistance preparing for these changes, including impact assessments and diagnostics, please contact a Nexia Advisor.