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International Law

: Australian Regulatory Compliance Review

Improving financial reports: ASIC?s suggestions

By David Jacobson

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ASIC has published the results of its reviews of financial reports for the year ended 30 June 2010 and highlighted areas of focus for entities preparing their 31 December 2010 financial reports.

ASIC’s comments focus on going concern assumptions, asset impairments, fair values of assets and the reporting of performance.

Full post as published by Australian Regulatory Compliance Review on December 28, 2010 (boomark / email).

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