Take this opportunity to hear from Carmen Ridley, a former member of the Australian Accounting Standards Board, a Member of GAAP Consulting Network and Principal of Australian Financial Reporting Solutions, and Michelle Warren, HLBs Director of Financial Reporting on recent financial reporting developments and other regulatory matters you need to be aware of.

Webinar summary

We recently held our November Financial Reporting & Tax Update webinar with our panel of experts Carmen Ridley, Michelle Warren and Jolyon Dare.

The key takeaways were:

  • From 1 July 2021, many for-profit private sector entities must prepare general purpose financial statements.
  • Lease modifications and re-assessments – do you need to review your lease accounting?
  • There have been some recent developments around SaaS arrangements which may result in some previously capitalised items being expensed.
  • This fiscal year is the last opportunity to access the Tax Loss Carry back (includes 31 December 2021) balances.

Download Resources:

Click here to download the slides.

We are here to help:

If you have any questions on how to apply for any of the above please reach out to Kim Kelloway.