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International Law

: Australian Regulatory Compliance Review

ASIC identifies financial report focus areas

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ASIC has highlighted a number of areas on which company Boards and those responsible for the preparation of financial reports should focus in the upcoming reporting period.

It has identified going concern (solvency), valuation of assets and off-balance sheet arrangements as issues for concern.

Full post as published by Australian Regulatory Compliance Review on June 30, 2009 (boomark / email).

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