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
XYZ Model Financial Accounts provides step-by-step guidance in producing compliant financial statements, and preparing for the adoption of mandatorily applicable reporting standards.
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:
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.
You can be confident with guidance from XYZ Model Financial Accounts – over 30 years as the industry standard in financial reporting.
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.