Transcription of Example special purpose financial statements
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Example special purpose financial statements Grant Thornton CLEARR Example Pty Ltd For the year ended 30 June 2018 Example special purpose financial statements For the year ended 30 June 2018 2018 Grant Thornton Australia Limited. All rights reserved. ii Welcome to the June 2018 edition of the Example special purpose financial statements . This set of illustrative financial statements is one of many prepared by Grant Thornton to assist you in preparing your own financial statements . This publication is designed to illustrate the financial statements for a company in line with australian financial reporting and regulatory requirements. It is based on the activities and results of a fictitious IT entity, Grant Thornton CLEARR Example Pty Ltd, which prepares special purpose financial statements . The australian financial reporting landscape continues to evolve with a number of major changes coming into effect during 2018/2019.
Jun 30, 2018 · general purpose financial statements with the Australian Taxation Office (ATO). Furthermore, the AASB has just introduced proposals to remove the current definition of ‘reporting entity’ from Australian Accounting requirements, effectively removing the option to prepare special purpose financial statements if entities are
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