This Accounting alert provides an outline of some of the significant areas that may impact financial reporting for annual reporting periods ending 30 June 2006. The information in this Accounting Alert is designed as a series of consideration points to assist entities when producing their financial reports at 30 June 2006. Topics considered include amendments to Australian Accounting Standards, IFRIC Interpretations, UIG Issues and ASIC Class Order releases. These issues are not intended to be exhaustive, nor cover all matters relevant to financial reporting, rather, they provide a guide to some of the significant matters to be taken into account when producing annual financial reports at 30 June 2006. Related links:
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