The industry standard for financial reporting in Australia
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General and Special Purpose financial statements and reporting
Reduce the risk of non-compliance
With recent developments and important changes to financial reporting requirements, it is important that you are working with up-to-date information so that you can stay one step ahead.
Save time and increase efficiency
Easy-to-use presentation and disclosure checklists, up-to-date model financial statements and tools streamline your financial reporting process. Additional tools make it even easier:
XYZ Model Financial Accounts provides step-by-step guidance in producing compliant financial statements, and preparing for the adoption of mandatorily applicable reporting standards.
You can be confident with guidance from XYZ Model Financial Accounts – over 30 years as the industry standard in financial reporting, now co-authored by Deloitte.
The Full XYZ Model Financial Accounts Suite
Through the collaboration, practitioners will access the latest information to assist them to prepare financial reports that meet increased financial reporting regulation and complexities in the Australian market. This will include important updates for the new accounting standards, AASB 15 Revenues from Contracts with Customers, and AASB 16 Leases, being introduced in 2018 (December update) and 2019 editions of XYZ Model Financial Accounts, respectively.
The XYZ Model Financial Accounts product suite provides step-by-step guidance to produce compliant financial statements, and prepare to adopt mandatory reporting standards. Each component in the suite is available separately and depending on your needs, there are various subscription format options available including print and CD, as well as online on our Checkpoint platform.
Designed to complement each other, but available separately, the two main volumes provide users with the most comprehensive resource for the preparation and presentation of general purpose financial statements and special purpose financial statements.
To complement these volumes, the suite offers two products that are designed to provide guidance on more specific financial reporting obligations affecting particular entities, with the December Reporting and Update and Reduced Disclosure Requirements.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/au/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150,000 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte’s approximately 245,000 professionals are committed to becoming the standard of excellence.
In Australia, the member firm is the Australian partnership of Deloitte Touche Tohmatsu. As one of Australia’s leading professional services firms. Deloitte Touche Tohmatsu and its affiliates provide audit, tax, consulting, and financial advisory services through approximately 7,000 people across the country. Focused on the creation of value and growth, and known as an employer of choice for innovative human resources programs, we are dedicated to helping our clients and our people excel. For more information, please visit our web site at www.deloitte.com.au.
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