Practical Tips when Preparing General Purpose Financial Statements
Overview
With the mandatory application of AASB 1060 General Purpose Financial Statements – Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities upon us, it’s a perfect time to look at some practical ways to make the transition to general purpose financial statements easier.
In this session we will discuss some of the key challenges and common errors in preparing general purpose financial statements. We will use practical examples to demonstrate how you can make the preparation process easier as well as avoid some of the more common pitfalls that entities experience when preparing general purpose financial statements, particularly for the first time.
Learning Outcomes:
Identify key areas and potential solutions to facilitating easier preparation of compliant general purpose financial statements.
Suited to:
Auditors, CFOs, Board Members, Financial Controllers, Finance Teams, Accountants involved in the preparation of financial reports
This On Demand includes:
- a recording of the webinar Event which can be viewed multiple times
- a PDF of the presenter’s PowerPoint
- a verbatim Transcript
- any supporting documentation
- a CPD Certificate after successful completion of the Knowledge Quiz
Course syllabus
3 lessons
- Video – Practical Tips when Preparing General Purpose Financial StatementsVideo
- FeedbackSurvey
- Knowledge TestTest
Your presenter
Dean ArdernBDO Australia
, Associate Director, BDO Australia
Dean has been advising on IFRS and other financial reporting matters for over 15 years. Having worked with a range of clients in both the for-profit and not-for-profit sectors, Dean understands the challenges preparers face.
Dean’s primary role is to identify practical and compliant reporting solutions for clients and assurance staff. To achieve this, Dean works at building constructive relationships with clients with the view to providing responsive, accurate and outcome-focused technical advice and guidance.