Ralph Martin, National Technical Director at RSM Australia, along with Ana Espinal-Rae, National Technical Manager, hosted three webinars to deliver his annual Financial Reporting Update.
What was covered:
What are the potential accounting impacts of COVID-19, and the government’s stimulus packages?
How will you be affected by the removal of the option to prepare Special Purpose Financial Statements?
What are the issues with initial adoption of the new lease standard? How can you ensure that you are well prepared?
What to look out for when applying the new revenue and income for not-for-profits standards?
What other new accounting standards and interpretations do you need to be planning for?
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