Matters to be addressed in statements and reports
8 Matters to be addressed in statements and reports
Financial projections or financial reports released under this Act are to include projections or reports of the matters usually addressed in a general purpose financial report within the meaning of Australian Accounting Standards Board AASB 1049 Whole of Government and General Government Sector Financial Reporting.
A projection or report of an operating surplus or total equity is either to be consolidated in accordance with Australian Accounting Standards Board AASB 1049, or to be calculated in such a way that the projected or reported result is the same as if it had been consolidated in accordance with the Standard.
[Section 8 amended: No. 47 of 2011 s. 27.]
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