Financial Reporting

On 1st January 2005 Australia adopted the International Financial Reporting Standards (IFRS). Under this standard, financial information is considered more transparent for shareholders and regulators and has helped attract capital into Australia. The standard is forever evolving, responding to the changing dynamics of business reporting, capital markets and statutory regulation.

Sydney Accounting Practice specialises in the preparation of:

  • General purpose financial reports
  • Reduced disclosure financial reports
  • Special purpose financial reports
  • Segment reporting
  • Consolidation of controlled entities
  • Asset impairment
  • Related party transactions
  • Remuneration reports
  • Financial instrument disclosures
  • Financial accounts
  • Management accounts
  • Budgets
  • Forecast
  • Cashflows – daily, weekly & monthly
  • Key performance indicators

For further information please contact Peter Dunoon on 02 8064 1845